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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH,PIERCE,FENNER,SMITH Service code 25 150 N. COLLEGE ST. · CHARLOTTE, NC 28255 | Directed Trustee | $23,001 |
NEWPORT GROUP, INC.5 years Service code 15 · EIN 27-2037969 | Recordkeeping | $19,335 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $32,760 | $37,463-12.6% | $77,096-57.5% | $66,938-51.1% |
| Participation rate | 95.3% | 52.9%+42.4pp | 67.9%+27.4pp | 69.8%+25.5pp |
| Annual return | -15.79% | -3.25%-12.5pp | 42.35%-58.1pp | 1.58%-17.4pp |
| Employer contribution / active EE | $596 | $1,535-61.2% | $2,814-78.8% | $2,545-76.6% |
| Participant deferral / active EE | $5,748 | $2,621+119.3% | $4,429+29.8% | $4,238+35.6% |
| Admin fee / account holder | $165 | $568-70.9% | $5,428-97.0% | $594-72.1% |