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| Provider | Service type | Compensation |
|---|---|---|
Filed as: FOCUS PARTNERS WEALTH LLC Service code 27 · EIN 90-0751149 201 WASHINGTON STREET · BOSTON, MA 02108 | Advisory (Plan) | $66,359 |
NEWPORT GROUP, INC.10+ years Service code 15 · EIN 27-2037969 | Recordkeeping | $18,012 |
WITHUMSMITH+BROWN, PC2 years Filed as: BROWN JAKE & MCDANIEL, PC Service code 10 · EIN 62-1170651 2607 KINGSTON PIKE · KNOXVILLE, TN 379193336 | Accounting | $10,200 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $169,178 | $63,904+164.7% | $89,340+89.4% | $67,986+148.8% |
| Participation rate | 98.3% | 54.3%+43.9pp | 69.6%+28.7pp | 57.2%+41.1pp |
| Annual return | 14.77% | 18.09%-3.3pp | 20.57%-5.8pp | 31.67%-16.9pp |
| Employer contribution / active EE | $4,265 | $1,627+162.1% | $2,231+91.1% | $2,019+111.3% |
| Participant deferral / active EE | $2,773 | $2,691+3.0% | $3,823-27.5% | $3,358-17.4% |
| Admin fee / account holder | $757 | $3,315-77.2% | $6,704-88.7% | $3,203-76.4% |