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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.4 years Service code 13 · EIN 27-2037969 | Contract Administrator | $60,221 |
Filed as: MITCHELL, MCLEOD, PUGH Service code 26 · EIN 20-3706574 | Advisory (Participants) | $48,250 |
NEWPORT GROUP, INC.2 years Filed as: NEWPORT TRUST COMPANY Service code 20 · EIN 27-4411131 | Trustee (individual); Trustee (bank, ... | $16,166 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $134,534 | $62,928+113.8% | $172,752-22.1% | $67,579+99.1% |
| Participation rate | 92.6% | 64.5%+28.1pp | 82.6%+9.9pp | 71.3%+21.3pp |
| Annual return | 23.56% | 30.36%-6.8pp | 802.97%-779.4pp | 378.56%-355.0pp |
| Employer contribution / active EE | $5,160 | $1,636+215.4% | $5,144+0.3% | $2,148+140.3% |
| Participant deferral / active EE | $2,821 | $2,145+31.5% | $5,198-45.7% | $3,539-20.3% |
| Admin fee / account holder | $345 | $167+107.2% | $13,955-97.5% | $142+142.6% |