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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.4+ years Service code 15 · EIN 27-2037969 | Recordkeeping | $125,669 |
USI CONSULTING GROUP1 year Filed as: USI ADVISORS INC. Service code 27 95 GLASTONBURY BLVD · GLASTONBURY, CT 06033 | Advisory (Plan) | $13,189 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $35,126 | $76,209-53.9% | $81,370-56.8% | $200,096-82.4% |
| Participation rate | 52.1% | 76.4%-24.2pp | 69.5%-17.4pp | 72.0%-19.9pp |
| Annual return | 11.45% | 15.55%-4.1pp | 24.85%-13.4pp | 34.26%-22.8pp |
| Employer contribution / active EE | $1,199 | $2,807-57.3% | $2,464-51.3% | $3,038-60.5% |
| Participant deferral / active EE | $1,998 | $4,210-52.5% | $3,885-48.6% | $5,090-60.7% |
| Admin fee / account holder | $172 | $146+17.6% | $5,749-97.0% | $269-36.3% |