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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.9 years Service code 12 · EIN 27-2037969 | Sub-transfer agency fees; Claims proc... | $47,830 |
WITHUMSMITH+BROWN, PC2 years Filed as: BROWN, EDWARDS & COMPANY, L.L.P. Service code 10 · EIN 54-0504608 513 STATE STREET · BRISTOL, VA 24201 | Accounting | $17,250 |
Annual investment return 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 | $53,129 | $59,006-10.0% | $97,197-45.3% | $74,429-28.6% |
| Participation rate | 90.8% | 63.7%+27.1pp | 72.7%+18.1pp | 67.2%+23.6pp |
| Annual return | 10.05% | 16.04%-6.0pp | 75.47%-65.4pp | 1368.38%-1358.3pp |
| Employer contribution / active EE | $628 | $1,894-66.8% | $2,723-76.9% | $2,625-76.1% |
| Participant deferral / active EE | $4,562 | $3,671+24.3% | $4,263+7.0% | $4,348+4.9% |
| Admin fee / account holder | $206 | $1,974-89.5% | $5,637-96.3% | $1,944-89.4% |