Filed July 12, 2006 (most recent of 2 filings on file)
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.2 years Service code 13 · EIN 27-2037969 | Contract Administrator | $185,595 |
Participant 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.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $7,969 | $48,166-83.5% | $96,583-91.7% | $93,010-91.4% |
| Participation rate | 88.2% | 65.1%+23.1pp | 69.8%+18.4pp | 73.9%+14.3pp |
| Annual return | 31.11% | 21.31%+9.8pp | 37.79%-6.7pp | 158.70%-127.6pp |
| Employer contribution / active EE | $0 | $1,070-100.0% | $2,357-100.0% | $2,705-100.0% |
| Participant deferral / active EE | $792 | $2,576-69.3% | $3,850-79.4% | $4,561-82.6% |
| Admin fee / account holder | $38 | $110-65.7% | $6,184-99.4% | $152-75.1% |