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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.3 years Service code 15 · EIN 27-2037969 | Recordkeeping | $92,563 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $101,745 | $105,200-3.3% | $159,474-36.2% | $85,847+18.5% |
| Participation rate | 57.7% | 75.8%-18.0pp | 82.8%-25.1pp | 69.3%-11.6pp |
| Annual return | 17.74% | 45.08%-27.3pp | 263.68%-245.9pp | 318.61%-300.9pp |
| Employer contribution / active EE | $744 | $3,319-77.6% | $4,831-84.6% | $2,565-71.0% |
| Participant deferral / active EE | $3,498 | $5,946-41.2% | $7,353-52.4% | $3,952-11.5% |
| Admin fee / account holder | $303 | $6,934-95.6% | $10,802-97.2% | $6,261-95.2% |