Filed November 1, 2019
Total covered: 3 employees
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.9 years Service code 15 · EIN 27-2037969 | Recordkeeping | $10,741 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $39,306 | $62,409-37.0% | $120,524-67.4% | $74,429-47.2% |
| Participation rate | 40.1% | 56.8%-16.7pp | 71.9%-31.8pp | 67.2%-27.1pp |
| Annual return | 13.25% | 18.62%-5.4pp | 107.36%-94.1pp | 1368.38%-1355.1pp |
| Employer contribution / active EE | $108 | $1,847-94.1% | $3,469-96.9% | $2,625-95.9% |
| Participant deferral / active EE | $1,045 | $2,888-63.8% | $4,994-79.1% | $4,348-76.0% |
| Admin fee / account holder | $138 | $2,394-94.3% | $9,440-98.5% | $1,944-92.9% |