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 | $101,672+32.5% | $147,117-8.5% | $74,478+80.8% |
| Participation rate | 97.8% | 75.5%+22.2pp | 82.2%+15.6pp | 67.2%+30.5pp |
| Annual return | 11.22% | 8757.83%-8746.6pp | 420.54%-409.3pp | 1370.56%-1359.3pp |
| Employer contribution / active EE | $2,757 | $3,813-27.7% | $4,932-44.1% | $2,626+5.0% |
| Participant deferral / active EE | $8,951 | $7,305+22.5% | $8,065+11.0% | $4,350+105.8% |
| Admin fee / account holder | $123 | $1,753-93.0% | $12,993-99.1% | $1,946-93.7% |