Filed July 31, 2024 (most recent of 2 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.7 years Service code 13 · EIN 27-2037969 | Contract Administrator | $36,170 |
Service code 64 · EIN 71-0294708 | Recordkeeping Fees | $2,150 |
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $134,673 | $101,591+32.6% | $147,096-8.4% | $74,429+80.9% |
| Participation rate | 97.8% | 75.5%+22.2pp | 82.2%+15.6pp | 67.2%+30.5pp |
| Annual return | 11.29% | 8746.45%-8735.2pp | 419.75%-408.5pp | 1368.38%-1357.1pp |
| Employer contribution / active EE | $2,627 | $3,813-31.1% | $4,936-46.8% | $2,625+0.1% |
| Participant deferral / active EE | $8,951 | $7,302+22.6% | $8,071+10.9% | $4,348+105.8% |
| Admin fee / account holder | $123 | $1,750-93.0% | $13,005-99.1% | $1,944-93.7% |