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 year Filed as: NEWPORT GROUP Service code 12 · EIN 27-2037969 3201 34TH STREET SOUTH · ST. PETERSBURG, FL 33711 | Participant loan processing; Recordke... | $118,038 |
Service code 64 · EIN 04-2647786 | Recordkeeping Fees | $75 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $61,433 | $69,159-11.2% | $125,175-50.9% | $67,579-9.1% |
| Participation rate | 80.0% | 78.2%+1.8pp | 79.8%+0.2pp | 71.3%+8.7pp |
| Annual return | 19.17% | 27.12%-7.9pp | 43.79%-24.6pp | 378.56%-359.4pp |
| Employer contribution / active EE | $417 | $2,023-79.4% | $3,865-89.2% | $2,148-80.6% |
| Participant deferral / active EE | $2,874 | $3,700-22.3% | $4,937-41.8% | $3,539-18.8% |
| Admin fee / account holder | $319 | $142+125.2% | $9,702-96.7% | $142+124.4% |