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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.1 year Filed as: NEWPORT GROUP SECURITIES, INC. Service code 27 · EIN 59-3099288 | Advisory (Plan) | $83,375 |
WELLS FARGO BANK, N.A.6+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $62,181 |
WITHUMSMITH+BROWN, PC5 years Filed as: WITHUM SMITH & BROWN Service code 10 · EIN 22-2027092 | Accounting | $18,262 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant exceed $250,000 - top-decile high-value plan.
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 | $409,715 | $104,479+292.1% | $159,474+156.9% | $79,391+416.1% |
| Participation rate | 95.9% | 76.6%+19.3pp | 82.8%+13.1pp | 70.7%+25.2pp |
| Annual return | 11.92% | 67.98%-56.1pp | 263.68%-251.8pp | 116.88%-105.0pp |
| Employer contribution / active EE | $7,749 | $3,417+126.8% | $4,831+60.4% | $2,428+219.2% |
| Participant deferral / active EE | $8,240 | $6,468+27.4% | $7,353+12.1% | $4,046+103.7% |
| Admin fee / account holder | $774 | $711+8.9% | $10,802-92.8% | $627+23.6% |