Filed May 31, 2024
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 Filed as: NEWPORT TRUST COMPANY Service code 21 · EIN 27-4411131 | Bank Trustee | $7,995 |
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.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $27,872 | $43,999-36.7% | $79,464-64.9% | $55,725-50.0% |
| Participation rate | 10.5% | 66.9%-56.4pp | 73.3%-62.8pp | 70.9%-60.3pp |
| Annual return | -5.18% | 1.81%-7.0pp | 718.14%-723.3pp | 244.93%-250.1pp |
| Employer contribution / active EE | $0 | $1,830-100.0% | $2,800-100.0% | $2,078-100.0% |
| Participant deferral / active EE | $301 | $2,538-88.1% | $3,704-91.9% | $3,356-91.0% |
| Admin fee / account holder | $144 | $118+22.2% | $5,113-97.2% | $115+24.7% |