Filed November 21, 2019
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.4 years Service code 15 · EIN 27-2037969 | Recordkeeping | $85,547 |
NEWPORT GROUP, INC.1 year Filed as: NEWPORT TRUST COMPANY Service code 21 · EIN 27-4411131 | Bank Trustee | $19,365 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $95,335 | $82,202+16.0% | $125,339-23.9% | $64,808+47.1% |
| Participation rate | 89.4% | 77.9%+11.6pp | 82.4%+7.1pp | 71.5%+18.0pp |
| Annual return | -17.49% | 3.48%-21.0pp | 572.05%-589.5pp | 32.82%-50.3pp |
| Employer contribution / active EE | $8,734 | $3,615+141.6% | $4,814+81.4% | $2,506+248.5% |
| Participant deferral / active EE | $2,220 | $7,175-69.1% | $7,446-70.2% | $4,310-48.5% |
| Admin fee / account holder | $114 | $163-30.1% | $10,010-98.9% | $188-39.2% |