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| Provider | Service type | Compensation |
|---|---|---|
Filed as: FIRST REPUBLIC INVESTMENT MNGT Service code 26 111 PINE STREET · SAN FRANCISCO, CA 94111 | Advisory (Participants) | $142,405 |
NEWPORT GROUP, INC.3 years Filed as: NEWPORT TRUST COMPANY Service code 21 · EIN 27-4411131 | Bank Trustee | $15,233 |
NEWPORT GROUP, INC.3 years Filed as: NEWPORT GROUP, INC Service code 13 · EIN 27-2037969 | Contract Administrator | $12,796 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
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 | $256,205 | $89,652+185.8% | $141,191+81.5% | $65,185+293.0% |
| Participation rate | 89.7% | 74.7%+15.0pp | 82.5%+7.3pp | 70.2%+19.5pp |
| Annual return | 22.13% | 32.79%-10.7pp | 71.41%-49.3pp | 29.38%-7.3pp |
| Employer contribution / active EE | $13,420 | $3,065+337.9% | $4,736+183.4% | $2,177+516.5% |
| Participant deferral / active EE | $10,080 | $5,691+77.1% | $6,710+50.2% | $3,514+186.8% |
| Admin fee / account holder | $751 | $569+32.1% | $10,264-92.7% | $847-11.4% |