Filed December 10, 2005
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+ years Filed as: NEWPORT RETIREMENT SERVICES, INC. Service code 12 · EIN 62-1868111 | Participant loan processing; Recordke... | $98,839 |
VERISIGHT, INC.1+ years Filed as: VERISIGHT TRUST COMPANY Service code 12 · EIN 27-4411131 | Trustee (bank, trust company, or simi... | $6,800 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $57,883 | $74,498-22.3% | $94,224-38.6% | $59,188-2.2% |
| Participation rate | 36.1% | 76.8%-40.7pp | 78.8%-42.6pp | 69.4%-33.3pp |
| Annual return | -0.64% | 2.76%-3.4pp | 10.68%-11.3pp | 5.51%-6.2pp |
| Employer contribution / active EE | $985 | $2,077-52.6% | $3,587-72.5% | $2,098-53.1% |
| Participant deferral / active EE | $2,262 | $3,433-34.1% | $4,320-47.6% | $3,265-30.7% |
| Admin fee / account holder | $138 | $103+34.4% | $6,269-97.8% | $92+49.9% |