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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.2 years Service code 15 · EIN 27-2037969 | Recordkeeping | $32,544 |
RAYMOND JAMES FINANCIAL SERVICES3+ years Service code 50 7316 WISCONSIN AVE., SUITE 400 · BETHEDA, MD 20814 | Direct Payment | $30,985 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $119,942 | $80,753+48.5% | $136,298-12.0% | $62,293+92.5% |
| Participation rate | 85.3% | 73.5%+11.7pp | 81.9%+3.3pp | 69.5%+15.7pp |
| Annual return | 20.51% | 35.83%-15.3pp | 5156.27%-5135.8pp | 28.90%-8.4pp |
| Employer contribution / active EE | $5,599 | $2,884+94.2% | $4,696+19.2% | $2,042+174.2% |
| Participant deferral / active EE | $7,634 | $5,164+47.8% | $6,247+22.2% | $3,169+140.9% |
| Admin fee / account holder | $382 | $525-27.3% | $9,244-95.9% | $479-20.3% |