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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.1 year Service code 15 · EIN 27-2037969 | Recordkeeping | $46,788 |
MORGAN STANLEY SMITH BARNEY2 years Filed as: MORGAN STANLEY Service code 26 2882 SAND HILL · MENLO PARK, CA 94025 | Advisory (Participants) | $34,237 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $24,200 | $78,419-69.1% | $133,971-81.9% | $73,412-67.0% |
| Participation rate | 88.0% | 78.6%+9.4pp | 79.8%+8.1pp | 72.2%+15.8pp |
| Annual return | 14.31% | 33.35%-19.0pp | 45.09%-30.8pp | 59.30%-45.0pp |
| Employer contribution / active EE | $276 | $2,044-86.5% | $3,919-92.9% | $2,234-87.6% |
| Participant deferral / active EE | $2,107 | $3,925-46.3% | $5,047-58.3% | $3,806-44.6% |
| Admin fee / account holder | $211 | $161+30.7% | $8,929-97.6% | $158+33.6% |