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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH Service code 10 6100 S YALE AVENUE · TULSA, OK 74136 | Accounting | $44,098 |
NEWPORT GROUP, INC.3 years Service code 13 · EIN 27-2037969 | Contract Administrator | $12,081 |
NEWPORT GROUP, INC.3 years Filed as: NEWPORT TRUST COMPANY Service code 21 · EIN 27-4411131 | Bank Trustee | $9,288 |
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 | $136,655 | $58,888+132.1% | $178,499-23.4% | $73,493+85.9% |
| Participation rate | 99.2% | 66.2%+33.0pp | 81.9%+17.3pp | 70.7%+28.5pp |
| Annual return | 16.75% | 24.86%-8.1pp | 151.10%-134.4pp | 28.51%-11.8pp |
| Employer contribution / active EE | $6,681 | $2,236+198.8% | $5,011+33.3% | $2,270+194.3% |
| Participant deferral / active EE | $5,430 | $2,568+111.5% | $5,202+4.4% | $3,740+45.2% |
| Admin fee / account holder | $412 | $400+2.8% | $13,986-97.1% | $513-19.8% |