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 12 · EIN 27-2037969 | Recordkeeping fees; Recordkeeping and... | $44,974 |
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.
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 | $38,989 | $168,231-76.8% | $67,834-42.5% | $63,975-39.1% |
| Participation rate | 22.6% | 66.8%-44.2pp | 68.8%-46.2pp | 71.1%-48.5pp |
| Annual return | 7.89% | 11.76%-3.9pp | 138.47%-130.6pp | 48.65%-40.8pp |
| Employer contribution / active EE | $315 | $1,907-83.5% | $2,403-86.9% | $2,182-85.5% |
| Participant deferral / active EE | $788 | $2,827-72.1% | $3,160-75.1% | $3,356-76.5% |
| Admin fee / account holder | $19 | $81-76.5% | $4,622-99.6% | $70-73.2% |