Filed December 2, 2011
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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.1 year Service code 12 · EIN 27-2037969 | Direct payment from the plan; Claims ... | $40,815 |
NEWPORT GROUP, INC.1 year Filed as: NEWPORT TRUST COMPANY Service code 12 · EIN 27-4411131 | Account maintenance fees; Trustee (ba... | $5,709 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $24,415 | $36,916-33.9% | $156,549-84.4% | $57,658-57.7% |
| Participation rate | 89.9% | 63.4%+26.4pp | 84.0%+5.8pp | 70.2%+19.6pp |
| Annual return | 5.47% | 12.38%-6.9pp | 32.23%-26.8pp | 5.13%+0.3pp |
| Employer contribution / active EE | $24 | $1,571-98.5% | $5,501-99.6% | $1,974-98.8% |
| Participant deferral / active EE | $1,799 | $1,926-6.6% | $4,871-63.1% | $3,061-41.2% |
| Admin fee / account holder | $115 | $82+39.4% | $13,027-99.1% | $95+21.6% |