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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.1 year Filed as: NEWPORT TRUST COMPANY Service code 33 45 SOUTH 7TH STREET SUITE 2208 · MINNEAPOLIS, MN 554021614 | Securities brokerage | $161,844 |
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 | $202,087 | $73,863+173.6% | $143,797+40.5% | $68,490+195.1% |
| Participation rate | 100.0% | 66.7%+33.3pp | 80.3%+19.7pp | 67.9%+32.1pp |
| Annual return | -17.16% | 0.91%-18.1pp | -0.04%-17.1pp | -7.85%-9.3pp |
| Employer contribution / active EE | $14,368 | $3,185+351.1% | $4,952+190.1% | $2,597+453.3% |
| Participant deferral / active EE | $10,876 | $3,385+221.3% | $5,638+92.9% | $4,028+170.0% |
| Admin fee / account holder | $1,155 | $5,756-79.9% | $14,679-92.1% | $5,403-78.6% |