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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.1 year Service code 13 · EIN 27-2037969 | Contract Administrator | $25,903 |
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $35,189 | $42,546-17.3% | $71,796-51.0% | $55,167-36.2% |
| Participation rate | 83.0% | 59.1%+23.9pp | 69.1%+13.9pp | 69.0%+14.0pp |
| Annual return | 8.36% | 12.36%-4.0pp | 78.04%-69.7pp | 169.23%-160.9pp |
| Employer contribution / active EE | $555 | $803-30.9% | $1,924-71.1% | $1,963-71.7% |
| Participant deferral / active EE | $2,202 | $2,064+6.7% | $2,794-21.2% | $3,054-27.9% |
| Admin fee / account holder | $116 | $650-82.2% | $4,815-97.6% | $504-77.1% |