Filed October 30, 2018
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 Filed as: NEWPORT TRUST COMPANY Service code 15 45 SOUTH 7TH STREET · MINNEAPOLIS, MN 554021614 | Recordkeeping | $12,657 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer 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 | $102,457 | $47,126+117.4% | $149,673-31.5% | $74,419+37.7% |
| Participation rate | 22.0% | 63.4%-41.4pp | 78.8%-56.8pp | 70.7%-48.8pp |
| Annual return | 17.38% | 22.75%-5.4pp | 134.42%-117.0pp | 34.38%-17.0pp |
| Employer contribution / active EE | $240 | $1,905-87.4% | $4,818-95.0% | $2,637-90.9% |
| Participant deferral / active EE | $1,041 | $2,728-61.8% | $5,680-81.7% | $4,528-77.0% |
| Admin fee / account holder | $60 | $343-82.4% | $13,210-99.5% | $348-82.7% |