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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 | $76,173-53.9% | $81,438-56.9% | $199,768-82.4% |
| Participation rate | 52.1% | 76.3%-24.1pp | 69.5%-17.4pp | 72.0%-19.9pp |
| Annual return | 11.45% | 15.59%-4.1pp | 24.74%-13.3pp | 34.26%-22.8pp |
| Employer contribution / active EE | $1,199 | $2,792-57.1% | $2,460-51.3% | $3,037-60.5% |
| Participant deferral / active EE | $1,998 | $4,201-52.4% | $3,883-48.5% | $5,090-60.7% |
| Admin fee / account holder | $172 | $146+17.5% | $5,764-97.0% | $269-36.2% |