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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.1 year Filed as: NEWPORT TRUST COMPANY Service code 12 · EIN 27-4411131 | Custodial (securities); Claims proces... | $20,230 |
NEWPORT GROUP, INC.2 years Service code 12 · EIN 27-2037969 | Direct payment from the plan; Sub-tra... | $18,555 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $28,291 | $65,118-56.6% | $76,768-63.1% | $55,725-49.2% |
| Participation rate | 96.5% | 79.6%+16.9pp | 77.0%+19.5pp | 70.9%+25.6pp |
| Annual return | -5.60% | -1.27%-4.3pp | 2.43%-8.0pp | 244.93%-250.5pp |
| Employer contribution / active EE | $2,756 | $1,941+42.0% | $2,485+10.9% | $2,078+32.6% |
| Participant deferral / active EE | $4,871 | $3,688+32.1% | $3,852+26.5% | $3,356+45.2% |
| Admin fee / account holder | $18 | $116-84.5% | $6,675-99.7% | $115-84.4% |