Filed October 10, 2023
Total covered: 14 employees
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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.1+ years Service code 12 · EIN 27-2037969 | Direct payment from the plan; Recordk... | $76,354 |
NEWPORT GROUP, INC.2+ years Filed as: NEWPORT GROUP SECURITIES INC Service code 27 · EIN 59-3099288 | Advisory (Plan) | $26,409 |
REDW LLC1+ years Filed as: REDW Service code 10 · EIN 85-0203431 | Accounting | $9,113 |
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $23,940 | $36,916-35.2% | $156,549-84.7% | $57,658-58.5% |
| Participation rate | 73.6% | 63.4%+10.1pp | 84.0%-10.4pp | 70.2%+3.3pp |
| Annual return | 7.80% | 12.38%-4.6pp | 32.23%-24.4pp | 5.13%+2.7pp |
| Employer contribution / active EE | $1,890 | $1,571+20.3% | $5,501-65.7% | $1,974-4.3% |
| Participant deferral / active EE | $0 | $1,926-100.0% | $4,871-100.0% | $3,061-100.0% |
| Admin fee / account holder | $52 | $82-37.5% | $13,027-99.6% | $95-45.4% |