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.1 year Service code 15 · EIN 27-2037969 | Recordkeeping | $17,036 |
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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $26,679 | $46,423-42.5% | $75,886-64.8% | $67,579-60.5% |
| Participation rate | 30.2% | 63.1%-32.8pp | 69.3%-39.1pp | 71.3%-41.1pp |
| Annual return | 24.53% | 32.29%-7.8pp | 30.76%-6.2pp | 378.56%-354.0pp |
| Employer contribution / active EE | $317 | $1,406-77.5% | $2,500-87.3% | $2,148-85.3% |
| Participant deferral / active EE | $740 | $2,564-71.1% | $3,603-79.5% | $3,539-79.1% |
| Admin fee / account holder | $130 | $132-1.2% | $5,418-97.6% | $142-8.5% |