Filed February 10, 2021 (most recent of 5 filings on file)
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.10+ years Service code 15 · EIN 27-2037969 | Recordkeeping | $47,418 |
Filed as: GLOBAL RETIREMENT PARTNERS Service code 27 4340 REDWOOD HIGHWAY · SAN RAFAEL, CA 94903 | Advisory (Plan) | $40,724 |
MAILLIE LLP1 year Service code 10 · EIN 23-1518888 | Accounting | $23,225 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $170,282 | $102,204+66.6% | $145,661+16.9% | $85,563+99.0% |
| Participation rate | 61.4% | 70.6%-9.2pp | 77.2%-15.8pp | 66.0%-4.6pp |
| Annual return | 14.25% | 16.68%-2.4pp | 101.46%-87.2pp | 31.51%-17.3pp |
| Employer contribution / active EE | $4,986 | $3,600+38.5% | $4,238+17.7% | $2,654+87.9% |
| Participant deferral / active EE | $7,221 | $5,729+26.0% | $7,198+0.3% | $4,375+65.0% |
| Admin fee / account holder | $563 | $647-12.9% | $12,466-95.5% | $834-32.5% |