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 | $153,019 |
AMERICAN FUNDS6 years Filed as: NEWPORT CAPITAL GROUP Service code 27 · EIN 86-1109193 | Advisory (Plan) | $77,464 |
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 | $81,590 | $122,186-33.2% | $146,958-44.5% | $199,593-59.1% |
| Participation rate | 94.2% | 78.3%+15.9pp | 82.2%+12.0pp | 72.0%+22.2pp |
| Annual return | 22.25% | 30.56%-8.3pp | 418.34%-396.1pp | 34.25%-12.0pp |
| Employer contribution / active EE | $5,726 | $4,093+39.9% | $4,933+16.1% | $3,034+88.7% |
| Participant deferral / active EE | $8,574 | $8,502+0.8% | $8,070+6.2% | $5,087+68.6% |
| Admin fee / account holder | $138 | $179-23.0% | $12,998-98.9% | $269-48.8% |