See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.2+ years Service code 12 · EIN 27-2037969 | Participant communication; Claims pro... | $129,484 |
Filed as: REGAL FINANCIAL, LLC Service code 27 30675 SOLON ROAD SUITE 202 · SOLON, OH 44139 | Advisory (Plan) | $91,253 |
NEWPORT GROUP, INC.1 year Filed as: NEWPORT TRUST COMPANY Service code 21 · EIN 27-4411131 | Bank Trustee | $7,922 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $49,596 | $122,186-59.4% | $146,958-66.3% | $199,593-75.2% |
| Participation rate | 39.3% | 78.3%-39.0pp | 82.2%-42.8pp | 72.0%-32.7pp |
| Annual return | 17.79% | 30.56%-12.8pp | 418.34%-400.5pp | 34.25%-16.5pp |
| Employer contribution / active EE | $773 | $4,093-81.1% | $4,933-84.3% | $3,034-74.5% |
| Participant deferral / active EE | $2,290 | $8,502-73.1% | $8,070-71.6% | $5,087-55.0% |
| Admin fee / account holder | $307 | $179+71.5% | $12,998-97.6% | $269+14.0% |