Filed November 24, 2021
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 |
|---|---|---|
AMERICAN FUNDS4 years Filed as: NEWPORT CAPITAL GROUP LLC Service code 27 · EIN 86-1109193 | Advisory (Plan) | $92,205 |
Filed as: MASSACHUSSETTS MUTUAL LIFE INS CO Service code 64 · EIN 04-1590850 | Recordkeeping Fees | $6,175 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $146,528 | $71,142+106.0% | $119,609+22.5% | $64,808+126.1% |
| Participation rate | 94.0% | 78.6%+15.4pp | 79.3%+14.8pp | 71.5%+22.5pp |
| Annual return | -12.54% | -10.01%-2.5pp | -14.97%+2.4pp | 32.82%-45.4pp |
| Employer contribution / active EE | $2,947 | $2,497+18.0% | $4,232-30.4% | $2,506+17.6% |
| Participant deferral / active EE | $6,516 | $4,490+45.1% | $5,602+16.3% | $4,310+51.2% |
| Admin fee / account holder | $137 | $162-15.4% | $10,323-98.7% | $188-27.0% |