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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.3 years Service code 15 · EIN 27-2037969 | Recordkeeping | $18,715 |
CBIZ RETIREMENT PLAN SERVICES4+ years Filed as: CBIZ FINANCIAL SOLUTIONS, INC. Service code 51 · EIN 52-1396995 | Investment Mgmt Fees | $17,744 |
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 | $40,477 | $66,302-39.0% | $110,243-63.3% | $56,289-28.1% |
| Participation rate | 89.6% | 74.9%+14.7pp | 79.8%+9.8pp | 69.9%+19.8pp |
| Annual return | -0.63% | -1.18%+0.5pp | 314.76%-315.4pp | -9.96%+9.3pp |
| Employer contribution / active EE | $961 | $2,047-53.1% | $3,827-74.9% | $2,111-54.5% |
| Participant deferral / active EE | $4,153 | $3,381+22.8% | $4,672-11.1% | $3,350+24.0% |
| Admin fee / account holder | $224 | $698-67.9% | $8,548-97.4% | $521-56.9% |