Filed May 23, 2022
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 |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $118,025 |
AMERICAN FUNDS5 years Filed as: NEWPORT CAPITAL GROUP Service code 27 · EIN 86-1109193 | Advisory (Plan) | $100,531 |
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 | $75,527 | $107,459-29.7% | $135,903-44.4% | $80,160-5.8% |
| Participation rate | 95.2% | 78.0%+17.2pp | 81.9%+13.3pp | 72.9%+22.3pp |
| Annual return | 22.81% | 91.91%-69.1pp | 68.23%-45.4pp | 40.38%-17.6pp |
| Employer contribution / active EE | $7,747 | $3,877+99.8% | $4,856+59.5% | $2,978+160.2% |
| Participant deferral / active EE | $10,063 | $8,195+22.8% | $7,758+29.7% | $5,017+100.6% |
| Admin fee / account holder | $156 | $127+22.5% | $10,762-98.6% | $145+7.3% |