Filed December 26, 2003
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.3 years Service code 15 · EIN 27-2037969 | Recordkeeping | $36,618 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $27,257 | $50,815-46.4% | $155,509-82.5% | $77,643-64.9% |
| Participation rate | 59.6% | 63.1%-3.5pp | 78.2%-18.6pp | 70.6%-11.0pp |
| Annual return | 18.76% | 34.80%-16.0pp | 64.67%-45.9pp | 31.24%-12.5pp |
| Employer contribution / active EE | $1,341 | $1,993-32.7% | $4,672-71.3% | $2,726-50.8% |
| Participant deferral / active EE | $3,000 | $2,822+6.3% | $5,626-46.7% | $4,647-35.4% |
| Admin fee / account holder | $95 | $437-78.4% | $15,912-99.4% | $430-78.0% |