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 | $101,653+32.5% | $147,080-8.4% | $74,459+80.9% |
| Participation rate | 97.8% | 75.6%+22.2pp | 82.2%+15.6pp | 67.2%+30.5pp |
| Annual return | 11.22% | 8754.98%-8743.8pp | 420.17%-408.9pp | 1369.70%-1358.5pp |
| Employer contribution / active EE | $2,757 | $3,813-27.7% | $4,933-44.1% | $2,626+5.0% |
| Participant deferral / active EE | $8,951 | $7,304+22.5% | $8,066+11.0% | $4,350+105.8% |
| Admin fee / account holder | $123 | $1,752-93.0% | $12,989-99.1% | $1,945-93.7% |