Filed August 11, 2023 (most recent of 4 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 7-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.1 year Filed as: NEWPORTGROUP, INC. Service code 15 · EIN 27-2037969 | Recordkeeping | $1,479 |
NEWPORT GROUP, INC.1 year Filed as: NEWPORT GROUP, INC Service code 60 | Sub-TA Fees | $0 |
NEWPORT GROUP, INC.1 year Service code 59 | Shareholder Servicing | $0 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $15,632 | $65,376-76.1% | $87,100-82.1% | $65,185-76.0% |
| Participation rate | 79.7% | 75.3%+4.4pp | 76.9%+2.9pp | 70.2%+9.5pp |
| Annual return | 23.66% | 31.27%-7.6pp | 28.19%-4.5pp | 29.38%-5.7pp |
| Employer contribution / active EE | $1,136 | $1,822-37.7% | $2,521-55.0% | $2,177-47.8% |
| Participant deferral / active EE | $2,965 | $3,388-12.5% | $4,049-26.8% | $3,514-15.6% |
| Admin fee / account holder | $12 | $520-97.7% | $7,497-99.8% | $847-98.6% |