See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.2 years Service code 13 · EIN 27-2037969 | Contract Administrator | $25,140 |
PEOPLE'S UNITED BANK5+ years Service code 13 · EIN 06-1213065 | Contract Administrator | $15,651 |
Annual investment return 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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $13,575 | $47,922-71.7% | $75,886-82.1% | $65,185-79.2% |
| Participation rate | 82.0% | 63.0%+19.0pp | 69.3%+12.7pp | 70.2%+11.8pp |
| Annual return | 14.33% | 24.12%-9.8pp | 30.76%-16.4pp | 29.38%-15.0pp |
| Employer contribution / active EE | $404 | $1,557-74.0% | $2,500-83.8% | $2,177-81.4% |
| Participant deferral / active EE | $2,102 | $2,550-17.6% | $3,603-41.7% | $3,514-40.2% |
| Admin fee / account holder | $136 | $532-74.4% | $5,418-97.5% | $847-83.9% |