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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.9 years Service code 15 · EIN 27-2037969 | Recordkeeping | $49,636 |
PURE FINANCIAL9 years Service code 27 · EIN 94-3185771 3131 CAMINO DEL RIO · SAN DIEGO, CA 92108 | Advisory (Plan) | $27,704 |
NEWPORT GROUP, INC.7 years Filed as: NEWPORT TRUST COMPANY Service code 20 · EIN 27-4411131 | Trustee (individual); Trustee (direct... | $8,144 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $108,770 | $59,467+82.9% | $93,727+16.1% | $74,478+46.0% |
| Participation rate | 91.4% | 59.6%+31.8pp | 68.7%+22.7pp | 67.2%+24.2pp |
| Annual return | 11.21% | 82.14%-70.9pp | 133.83%-122.6pp | 1370.56%-1359.4pp |
| Employer contribution / active EE | $5,557 | $1,267+338.7% | $2,421+129.5% | $2,626+111.6% |
| Participant deferral / active EE | $3,579 | $3,052+17.3% | $4,417-19.0% | $4,350-17.7% |
| Admin fee / account holder | $548 | $3,028-81.9% | $8,292-93.4% | $1,946-71.8% |