Filed February 5, 2006 (most recent of 3 filings on file)
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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.5 years Service code 15 · EIN 27-2037969 | Recordkeeping | $31,995 |
PNC BANK, N.A.2 years Filed as: PNC BANK Service code 26 · EIN 22-1146430 | Advisory (Participants) | $15,637 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $110,664 | $76,050+45.5% | $96,544+14.6% | $71,457+54.9% |
| Participation rate | 51.9% | 74.4%-22.5pp | 76.0%-24.0pp | 67.9%-16.0pp |
| Annual return | 10.37% | 22.81%-12.4pp | 25.84%-15.5pp | 28.85%-18.5pp |
| Employer contribution / active EE | $0 | $2,244-100.0% | $2,965-100.0% | $2,588-100.0% |
| Participant deferral / active EE | $3,559 | $4,215-15.6% | $4,851-26.6% | $4,289-17.0% |
| Admin fee / account holder | $419 | $2,707-84.5% | $8,252-94.9% | $1,587-73.6% |