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| Provider | Service type | Compensation |
|---|---|---|
Filed as: BUCKINGHAM STRATEGIC ADVISORS Service code 26 · EIN 16-1728260 | Advisory (Participants) | $70,744 |
NEWPORT GROUP, INC.3 years Filed as: NEWPORT GROUP, INC Service code 13 · EIN 27-2037969 | Contract Administrator | $17,050 |
WITHUMSMITH+BROWN, PC6+ years Filed as: ROBERT A BROWN Service code 10 · EIN 62-1613402 | Accounting | $5,400 |
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.
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 | $115,717 | $54,590+112.0% | $81,726+41.6% | $73,497+57.4% |
| Participation rate | 96.4% | 68.3%+28.1pp | 72.0%+24.4pp | 70.7%+25.7pp |
| Annual return | 6.85% | 17.74%-10.9pp | 29.49%-22.6pp | 28.51%-21.7pp |
| Employer contribution / active EE | $3,541 | $1,636+116.4% | $4,311-17.9% | $2,270+56.0% |
| Participant deferral / active EE | $2,217 | $2,759-19.6% | $7,108-68.8% | $3,740-40.7% |
| Admin fee / account holder | $652 | $592+10.1% | $5,160-87.4% | $513+27.0% |