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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.5 years Service code 12 · EIN 27-2037969 | Claims processing; Recordkeeping fees... | $9,775 |
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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Assets per participant exceed $250,000 - top-decile high-value plan.
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 | $456,859 | $99,957+357.1% | $149,745+205.1% | $73,497+521.6% |
| Participation rate | 100.0% | 75.7%+24.3pp | 82.5%+17.5pp | 70.7%+29.3pp |
| Annual return | 13.38% | 53.87%-40.5pp | 276.72%-263.3pp | 28.51%-15.1pp |
| Employer contribution / active EE | $16,790 | $3,191+426.1% | $4,646+261.4% | $2,270+639.6% |
| Participant deferral / active EE | $8,443 | $6,073+39.0% | $6,843+23.4% | $3,740+125.8% |
| Admin fee / account holder | $2,220 | $551+303.1% | $9,312-76.2% | $513+332.6% |