Filed December 18, 2023 (most recent of 2 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 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.3 years Service code 15 · EIN 27-2037969 | Recordkeeping | $6,782 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $12,720 | $45,000-71.7% | $143,757-91.2% | $77,904-83.7% |
| Participation rate | 96.8% | 66.8%+30.0pp | 80.3%+16.5pp | 73.7%+23.2pp |
| Annual return | -15.71% | 29.03%-44.7pp | -0.04%-15.7pp | 12.21%-27.9pp |
| Employer contribution / active EE | $623 | $1,870-66.7% | $4,951-87.4% | $2,848-78.1% |
| Participant deferral / active EE | $2,212 | $3,157-29.9% | $5,637-60.8% | $4,806-54.0% |
| Admin fee / account holder | $4 | $98-95.7% | $14,673-100.0% | $133-96.8% |