Filed June 16, 2018
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.2 years Service code 13 · EIN 75-3182674 | Contract Administrator | $57,459 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $86,948 | $84,936+2.4% | $111,297-21.9% | $79,386+9.5% |
| Participation rate | 92.0% | 75.9%+16.1pp | 77.3%+14.7pp | 70.7%+21.3pp |
| Annual return | 28.67% | 17.45%+11.2pp | 54.65%-26.0pp | 116.85%-88.2pp |
| Employer contribution / active EE | $1,057 | $1,979-46.6% | $2,731-61.3% | $2,427-56.5% |
| Participant deferral / active EE | $3,120 | $3,888-19.8% | $4,487-30.5% | $4,046-22.9% |
| Admin fee / account holder | $350 | $537-34.8% | $7,964-95.6% | $626-44.1% |