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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.1 year Service code 12 · EIN 27-2037969 | Participant loan processing; Recordke... | $12,360 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $97,752 | $77,638+25.9% | $156,551-37.6% | $62,881+55.5% |
| Participation rate | 93.6% | 71.2%+22.4pp | 84.0%+9.6pp | 69.3%+24.3pp |
| Annual return | 7.67% | 50.33%-42.7pp | 32.23%-24.6pp | 20.14%-12.5pp |
| Employer contribution / active EE | $6,818 | $3,444+98.0% | $5,501+23.9% | $2,281+198.9% |
| Participant deferral / active EE | $4,831 | $3,046+58.6% | $4,871-0.8% | $3,203+50.8% |
| Admin fee / account holder | $16 | $5,561-99.7% | $13,028-99.9% | $4,296-99.6% |