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 |
|---|---|---|
Service code 13 · EIN 16-1503696 | Contract Administrator | $26,624 |
NEWPORT GROUP, INC.3 years Filed as: NEWPORT GROUP Service code 13 · EIN 27-2037969 | Contract Administrator | $10,153 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $47,734 | $66,813-28.6% | $100,516-52.5% | $73,488-35.0% |
| Participation rate | 28.9% | 77.5%-48.6pp | 79.4%-50.5pp | 70.7%-41.8pp |
| Annual return | 16.80% | 25.70%-8.9pp | 30.89%-14.1pp | 28.51%-11.7pp |
| Employer contribution / active EE | $885 | $2,147-58.8% | $3,418-74.1% | $2,270-61.0% |
| Participant deferral / active EE | $1,596 | $5,883-72.9% | $6,270-74.5% | $3,740-57.3% |
| Admin fee / account holder | $490 | $512-4.2% | $8,081-93.9% | $513-4.4% |