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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.4 years Service code 13 · EIN 27-2037969 | Contract Administrator | $7,583 |
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 | $174,065 | $67,703+157.1% | $127,803+36.2% | $65,185+167.0% |
| Participation rate | 100.0% | 74.5%+25.5pp | 79.0%+21.0pp | 70.2%+29.8pp |
| Annual return | 19.25% | 24.36%-5.1pp | 26.14%-6.9pp | 29.38%-10.1pp |
| Employer contribution / active EE | $13,382 | $3,724+259.4% | $4,576+192.5% | $2,177+514.8% |
| Participant deferral / active EE | $6,975 | $4,787+45.7% | $6,023+15.8% | $3,514+98.5% |
| Admin fee / account holder | $25 | $618-96.0% | $9,399-99.7% | $847-97.1% |