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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.2 years Service code 15 | Recordkeeping | $71,656 |
NEWPORT GROUP, INC.2 years Filed as: NEWPORT GROUP INC. Service code 12 · EIN 27-2037969 | Recordkeeping and information managem... | $11,129 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $5,493 | $44,989-87.8% | $170,435-96.8% | $77,958-93.0% |
| Participation rate | 72.4% | 64.6%+7.8pp | 83.6%-11.2pp | 71.6%+0.8pp |
| Annual return | 22.44% | 19.61%+2.8pp | 205.94%-183.5pp | 20.87%+1.6pp |
| Employer contribution / active EE | $97 | $1,466-93.4% | $5,432-98.2% | $2,310-95.8% |
| Participant deferral / active EE | $1,206 | $2,208-45.4% | $4,939-75.6% | $3,537-65.9% |
| Admin fee / account holder | $10 | $69-86.2% | $13,881-99.9% | $97-90.2% |