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.2 years Filed as: NEWPORTGROUP, INC. Service code 15 · EIN 27-2037969 | Recordkeeping | $6,254 |
NEWPORT GROUP, INC.2 years Filed as: NEWPORT GROUP, INC Service code 60 | Sub-TA Fees | $0 |
NEWPORT GROUP, INC.2 years Service code 59 | Shareholder Servicing | $0 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $17,279 | $73,638-76.5% | $95,952-82.0% | $73,488-76.5% |
| Participation rate | 75.4% | 76.2%-0.8pp | 77.1%-1.7pp | 70.7%+4.7pp |
| Annual return | 15.82% | 16.78%-1.0pp | 91.61%-75.8pp | 28.51%-12.7pp |
| Employer contribution / active EE | $1,119 | $1,863-39.9% | $2,541-56.0% | $2,270-50.7% |
| Participant deferral / active EE | $2,882 | $3,617-20.3% | $4,167-30.8% | $3,740-22.9% |
| Admin fee / account holder | $28 | $482-94.3% | $6,795-99.6% | $513-94.6% |