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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH Service code 10 6100 S YALE AVENUE · TULSA, OK 74136 | Accounting | $39,211 |
NEWPORT GROUP, INC.2 years Service code 13 · EIN 27-2037969 | Contract Administrator | $11,404 |
NEWPORT GROUP, INC.2 years Filed as: NEWPORT TRUST COMPANY Service code 21 · EIN 27-4411131 | Bank Trustee | $8,460 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $128,736 | $52,961+143.1% | $172,752-25.5% | $65,185+97.5% |
| Participation rate | 100.0% | 66.2%+33.8pp | 82.6%+17.4pp | 70.2%+29.8pp |
| Annual return | 24.96% | 30.12%-5.2pp | 802.97%-778.0pp | 29.38%-4.4pp |
| Employer contribution / active EE | $5,071 | $2,190+131.5% | $5,144-1.4% | $2,177+133.0% |
| Participant deferral / active EE | $5,347 | $2,471+116.4% | $5,198+2.9% | $3,514+52.2% |
| Admin fee / account holder | $391 | $472-17.1% | $13,955-97.2% | $847-53.8% |