Filed June 22, 2006
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.1+ years Filed as: NEWPORT RETIREMENT SERVICES, INC. Service code 12 · EIN 62-1868111 | Recordkeeping fees; Recordkeeping and... | $693,506 |
MINUTE PRESS1+ years Service code 38 6980 W OVERLAND RD · BOISE, ID 83709 | Participant Communication | $65,253 |
VERISIGHT, INC.1+ years Filed as: VERISIGHT TRUST CO. Service code 12 · EIN 27-4411131 | Account maintenance fees; Claims proc... | $41,709 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $5,588 | $38,963-85.7% | $71,793-92.2% | $329,111-98.3% |
| Participation rate | 64.4% | 53.8%+10.6pp | 69.1%-4.7pp | 67.9%-3.5pp |
| Annual return | 1.47% | 9.85%-8.4pp | 78.04%-76.6pp | 16.35%-14.9pp |
| Employer contribution / active EE | $0 | $758-100.0% | $1,924-100.0% | $2,303-100.0% |
| Participant deferral / active EE | $833 | $1,286-35.2% | $2,794-70.2% | $3,682-77.4% |
| Admin fee / account holder | $17 | $50-66.9% | $4,815-99.7% | $754-97.8% |