Filed April 4, 2018
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| Provider | Service type | Compensation |
|---|---|---|
BHK INVESTMENT ADVISORS, LLC4+ years Service code 27 200 LAKE SHORE DR., STE. 250 · BIRMINGHAM, AL 35209 | Advisory (Plan) | $84,617 |
NEWPORT GROUP, INC.4+ years Filed as: NEWPORT GROUP SECURITIES, INC. Service code 27 · EIN 59-3099288 | Advisory (Plan) | $40,210 |
NEWPORT GROUP, INC.3 years Filed as: NEWPORT GROUP, INC Service code 12 · EIN 27-2037969 | Sub-transfer agency fees; Recordkeepi... | $3,327 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $117,506 | $62,267+88.7% | $110,243+6.6% | $55,725+110.9% |
| Participation rate | 75.4% | 78.1%-2.8pp | 79.8%-4.5pp | 70.9%+4.5pp |
| Annual return | -5.26% | -1.07%-4.2pp | 314.76%-320.0pp | 244.93%-250.2pp |
| Employer contribution / active EE | $1,812 | $1,941-6.7% | $3,827-52.7% | $2,078-12.8% |
| Participant deferral / active EE | $3,073 | $3,516-12.6% | $4,672-34.2% | $3,356-8.4% |
| Admin fee / account holder | $484 | $121+300.0% | $8,548-94.3% | $115+319.9% |