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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.7 years Service code 15 · EIN 27-2037969 | Recordkeeping | $41,384 |
PURE FINANCIAL7 years Service code 27 · EIN 94-3185771 3131 CAMINO DEL RIO · SAN DIEGO, CA 92108 | Advisory (Plan) | $20,923 |
NEWPORT GROUP, INC.5 years Filed as: NEWPORT TRUST COMPANY Service code 20 · EIN 75-3182674 | Trustee (discretionary); Trustee (ind... | $6,892 |
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.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $97,056 | $49,451+96.3% | $79,580+22.0% | $66,938+45.0% |
| Participation rate | 94.7% | 61.3%+33.3pp | 69.5%+25.2pp | 69.8%+24.8pp |
| Annual return | -12.72% | 84.25%-97.0pp | 0.15%-12.9pp | 1.58%-14.3pp |
| Employer contribution / active EE | $7,116 | $1,266+462.3% | $2,413+194.8% | $2,545+179.6% |
| Participant deferral / active EE | $3,200 | $3,159+1.3% | $3,985-19.7% | $4,238-24.5% |
| Admin fee / account holder | $458 | $595-22.9% | $6,835-93.3% | $594-22.8% |