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| Provider | Service type | Compensation |
|---|---|---|
Service code 12 · EIN 84-1477138 | Participant communication; Sub-transf... | $155 |
NEWPORT GROUP, INC.3+ years Filed as: MATRIX FINANCIAL SOLUTIONS, INC. Service code 18 · EIN 20-1591048 | Trustee (directed); Float revenue; Cu... | $20 |
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 | $63,577 | $69,305-8.3% | $82,312-22.8% | $69,631-8.7% |
| Participation rate | 74.2% | 80.3%-6.1pp | 76.9%-2.7pp | 70.7%+3.5pp |
| Annual return | 21.65% | 21.47%+0.2pp | 25.88%-4.2pp | 27571.02%-27549.4pp |
| Employer contribution / active EE | $0 | $1,887-100.0% | $2,428-100.0% | $2,032-100.0% |
| Participant deferral / active EE | $2,557 | $3,568-28.3% | $3,706-31.0% | $3,224-20.7% |
| Admin fee / account holder | $0 | $97-99.5% | $5,608-100.0% | $110-99.6% |