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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.4 years Service code 15 · EIN 27-2037969 | Recordkeeping | $61,280 |
PNC BANK, N.A.1 year Filed as: PNC INSTITUTIONAL ASSET MANAGEMENT Service code 27 · EIN 22-1146430 | Advisory (Plan) | $15,196 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $90,567 | $82,674+9.5% | $125,381-27.8% | $68,486+32.2% |
| Participation rate | 57.3% | 75.1%-17.7pp | 82.4%-25.1pp | 67.9%-10.6pp |
| Annual return | -16.76% | -5.97%-10.8pp | 572.31%-589.1pp | -7.85%-8.9pp |
| Employer contribution / active EE | $764 | $3,382-77.4% | $4,815-84.1% | $2,597-70.6% |
| Participant deferral / active EE | $3,657 | $6,111-40.2% | $7,448-50.9% | $4,028-9.2% |
| Admin fee / account holder | $292 | $6,277-95.4% | $10,007-97.1% | $5,404-94.6% |