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.3 years Service code 13 · EIN 75-3182674 | Contract Administrator | $51,527 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $69,149 | $65,435+5.7% | $86,677-20.2% | $66,914+3.3% |
| Participation rate | 87.6% | 75.5%+12.1pp | 76.6%+11.0pp | 69.8%+17.8pp |
| Annual return | -17.42% | -10.89%-6.5pp | 35.91%-53.3pp | 1.58%-19.0pp |
| Employer contribution / active EE | $1,371 | $2,153-36.3% | $2,836-51.7% | $2,544-46.1% |
| Participant deferral / active EE | $3,303 | $4,100-19.4% | $4,656-29.1% | $4,237-22.0% |
| Admin fee / account holder | $355 | $642-44.7% | $7,493-95.3% | $593-40.2% |