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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.1 year Service code 14 · EIN 27-2037969 | Plan Administrator | $24,859 |
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $35,360 | $65,557-46.1% | $105,738-66.6% | $56,287-37.2% |
| Participation rate | 71.4% | 63.4%+8.0pp | 76.3%-4.9pp | 69.9%+1.6pp |
| Annual return | -5.09% | -1.32%-3.8pp | 6.27%-11.4pp | -9.96%+4.9pp |
| Employer contribution / active EE | $1,280 | $1,788-28.4% | $3,268-60.8% | $2,111-39.4% |
| Participant deferral / active EE | $1,886 | $2,418-22.0% | $4,080-53.8% | $3,350-43.7% |
| Admin fee / account holder | $241 | $561-57.0% | $6,913-96.5% | $521-53.7% |