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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.9 years Service code 12 · EIN 27-2037969 | Recordkeeping and information managem... | $45,264 |
LPL FINANCIAL6 years Filed as: LPL FINANCIAL, LLC Service code 27 359 COLORADO AVENUE · GRAND JUNCTION, CO 81501 | Advisory (Plan) | $24,000 |
NEWPORT GROUP, INC.8 years Filed as: NEWPORT TRUST COMPANY Service code 21 · EIN 27-4411131 | Bank Trustee | $7,936 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $43,353 | $55,458-21.8% | $76,030-43.0% | $77,762-44.2% |
| Participation rate | 89.0% | 63.6%+25.4pp | 69.1%+19.9pp | 70.6%+18.4pp |
| Annual return | 11.51% | 17.10%-5.6pp | 361.54%-350.0pp | 31.27%-19.8pp |
| Employer contribution / active EE | $0 | $1,792-100.0% | $2,688-100.0% | $2,728-100.0% |
| Participant deferral / active EE | $4,463 | $3,454+29.2% | $4,257+4.8% | $4,651-4.0% |
| Admin fee / account holder | $188 | $411-54.2% | $6,421-97.1% | $433-56.5% |