Filed November 29, 2016
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.2 years Service code 15 · EIN 27-2037969 | Recordkeeping | $11,288 |
Employer 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 | $54,160 | $60,795-10.9% | $69,455-22.0% | $65,185-16.9% |
| Participation rate | 73.6% | 74.9%-1.3pp | 74.6%-1.1pp | 70.2%+3.4pp |
| Annual return | 6.17% | 17.46%-11.3pp | 28.97%-22.8pp | 29.38%-23.2pp |
| Employer contribution / active EE | $445 | $2,452-81.9% | $2,779-84.0% | $2,177-79.6% |
| Participant deferral / active EE | $4,145 | $3,162+31.1% | $3,535+17.2% | $3,514+18.0% |
| Admin fee / account holder | $111 | $314-64.7% | $3,839-97.1% | $847-86.9% |