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| Provider | Service type | Compensation |
|---|---|---|
BKS RETIREMENT SERVICES3 years Filed as: BKS FINANCIAL INVESTMENTS Service code 26 4211 BOYSCOUT BLVD · TAMPA, FL 33607 | Advisory (Participants) | $24,777 |
NEWPORT GROUP, INC.3 years Service code 13 · EIN 27-2037969 | Contract Administrator | $19,167 |
NEWPORT GROUP, INC.3 years Filed as: NEWPORT TRUST COMPANY Service code 21 · EIN 27-4411131 | Bank Trustee | $6,192 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $99,418 | $122,063-18.6% | $184,256-46.0% | $74,478+33.5% |
| Participation rate | 75.6% | 85.5%-9.9pp | 86.8%-11.3pp | 67.2%+8.4pp |
| Annual return | 14.98% | 19.92%-4.9pp | 28.85%-13.9pp | 1370.56%-1355.6pp |
| Employer contribution / active EE | $4,365 | $4,539-3.8% | $6,427-32.1% | $2,626+66.2% |
| Participant deferral / active EE | $6,235 | $7,144-12.7% | $9,133-31.7% | $4,350+43.3% |
| Admin fee / account holder | $361 | $1,253-71.2% | $13,899-97.4% | $1,946-81.5% |