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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.3 years Service code 13 · EIN 27-2037969 | Contract Administrator | $7,644 |
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
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 | $148,835 | $60,396+146.4% | $111,392+33.6% | $56,287+164.4% |
| Participation rate | 99.2% | 72.4%+26.8pp | 78.9%+20.3pp | 69.9%+29.3pp |
| Annual return | -4.24% | 20.26%-24.5pp | -2.06%-2.2pp | -9.96%+5.7pp |
| Employer contribution / active EE | $12,404 | $3,459+258.6% | $4,328+186.6% | $2,111+487.6% |
| Participant deferral / active EE | $6,152 | $4,421+39.2% | $5,567+10.5% | $3,350+83.7% |
| Admin fee / account holder | $26 | $610-95.7% | $12,266-99.8% | $521-95.0% |