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| Provider | Service type | Compensation |
|---|---|---|
STIFEL NICOLAUS & CO INC2 years Filed as: STIFEL INVESTMENT SERVICES Service code 26 24 WEST CEDAR STREET · PENSACOLA, FL 32502 | Advisory (Participants) | $31,030 |
NEWPORT GROUP, INC.2 years Filed as: NEWPORT GROUP, INC Service code 13 · EIN 27-2037969 | Contract Administrator | $18,328 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $79,027 | $25,302+212.3% | $74,722+5.8% | $67,579+16.9% |
| Participation rate | 18.8% | 37.8%-19.0pp | 54.5%-35.6pp | 71.3%-52.4pp |
| Annual return | 26.21% | 10291.17%-10265.0pp | 753.11%-726.9pp | 378.56%-352.3pp |
| Employer contribution / active EE | $351 | $446-21.3% | $1,084-67.6% | $2,148-83.6% |
| Participant deferral / active EE | $870 | $954-8.8% | $1,963-55.7% | $3,539-75.4% |
| Admin fee / account holder | $589 | $108+447.6% | $3,335-82.3% | $142+314.3% |