Filed October 18, 2004
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.5+ years Filed as: NEWPORT GROUP, INC Service code 12 · EIN 27-2037969 | Direct payment from the plan; Recordk... | $43,909 |
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).
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 | $194,002 | $110,699+75.3% | $177,839+9.1% | $90,274+114.9% |
| Participation rate | 98.1% | 88.3%+9.7pp | 87.7%+10.3pp | 73.4%+24.7pp |
| Annual return | 11.02% | 22.79%-11.8pp | 48.33%-37.3pp | 53.97%-43.0pp |
| Employer contribution / active EE | $6,228 | $4,118+51.2% | $5,919+5.2% | $2,523+146.8% |
| Participant deferral / active EE | $10,861 | $6,731+61.3% | $7,714+40.8% | $4,231+156.7% |
| Admin fee / account holder | $26 | $90-71.5% | $12,432-99.8% | $114-77.5% |