See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.1 year Filed as: MATRIX FINANCIAL SOLUTIONS Service code 18 · EIN 20-1591048 | Trustee (bank, trust company, or simi... | $8,618 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $50,143 | $55,453-9.6% | $170,442-70.6% | $62,292-19.5% |
| Participation rate | 32.0% | 66.4%-34.4pp | 83.6%-51.6pp | 69.5%-37.5pp |
| Annual return | 13.49% | 21.38%-7.9pp | 205.93%-192.4pp | 28.90%-15.4pp |
| Employer contribution / active EE | $465 | $2,164-78.5% | $5,433-91.4% | $2,042-77.2% |
| Participant deferral / active EE | $846 | $2,303-63.3% | $4,939-82.9% | $3,169-73.3% |
| Admin fee / account holder | $109 | $455-76.0% | $13,880-99.2% | $479-77.2% |