Filed March 6, 2024 (most recent of 2 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 |
|---|---|---|
Service code 12 · EIN 13-3689044 | Shareholder servicing fees; Recordkee... | $56,327 |
NEWPORT GROUP, INC.6 years Service code 50 · EIN 27-2037969 | Direct Payment | $15,144 |
Service code 33 · EIN 04-3523567 | Securities brokerage; Securities brok... | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $54,789 | $53,136+3.1% | $155,509-64.8% | $199,593-72.5% |
| Participation rate | 42.8% | 64.1%-21.3pp | 78.2%-35.4pp | 72.0%-29.2pp |
| Annual return | 10.23% | 41.15%-30.9pp | 64.67%-54.4pp | 34.25%-24.0pp |
| Employer contribution / active EE | $818 | $1,851-55.8% | $4,672-82.5% | $3,034-73.1% |
| Participant deferral / active EE | $951 | $3,161-69.9% | $5,626-83.1% | $5,087-81.3% |
| Admin fee / account holder | $171 | $185-7.8% | $15,912-98.9% | $269-36.4% |