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| Provider | Service type | Compensation |
|---|---|---|
Filed as: THE PRIVATE BANK Service code 26 120 SOUTH LASALLE STREET · CHICAGO, IL 60603 | Advisory (Participants) | $6,752 |
NEWPORT GROUP, INC.4 years Service code 15 · EIN 27-2037969 | Recordkeeping | $6,226 |
Plan reported corrective distributions (failed ADP/ACP testing).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $35,450 | $38,365-7.6% | $84,628-58.1% | $65,185-45.6% |
| Participation rate | 77.9% | 55.7%+22.2pp | 68.2%+9.6pp | 70.2%+7.7pp |
| Annual return | 21.57% | 32.00%-10.4pp | 258.80%-237.2pp | 29.38%-7.8pp |
| Employer contribution / active EE | $1,212 | $1,258-3.7% | $2,653-54.3% | $2,177-44.3% |
| Participant deferral / active EE | $3,751 | $2,278+64.6% | $3,900-3.8% | $3,514+6.7% |
| Admin fee / account holder | $116 | $451-74.4% | $4,914-97.6% | $847-86.4% |