Filed January 28, 2020 (most recent of 2 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.3 years Service code 12 · EIN 27-2037969 | Sub-transfer agency fees; Recordkeepi... | $84,106 |
NEWPORT GROUP, INC.3 years Filed as: NEWPORT TRUST COMPANY Service code 12 · EIN 27-4411131 | Custodial (securities); Account maint... | $34,845 |
BOKF, NA1 year Service code 19 P.O. BOX 880 · TULSA, OK 74101 | Securities Custodian | $28,115 |
Annual investment return is in the bottom quintile of the peer cohort.
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 | $55,387 | $45,382+22.0% | $154,110-64.1% | $75,289-26.4% |
| Participation rate | 100.0% | 65.9%+34.1pp | 83.0%+17.0pp | 72.4%+27.6pp |
| Annual return | -7.86% | -0.47%-7.4pp | 735.22%-743.1pp | -0.04%-7.8pp |
| Employer contribution / active EE | $3,568 | $1,533+132.8% | $5,298-32.6% | $2,405+48.4% |
| Participant deferral / active EE | $4,807 | $2,384+101.6% | $5,081-5.4% | $3,739+28.6% |
| Admin fee / account holder | $32 | $89-64.1% | $13,412-99.8% | $102-68.6% |