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.8 years Service code 15 · EIN 27-2037969 | Recordkeeping | $10,060 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $62,909 | $67,984-7.5% | $65,493-3.9% | $74,304-15.3% |
| Participation rate | 68.2% | 66.3%+1.8pp | 73.1%-4.9pp | 60.3%+7.8pp |
| Annual return | 14.13% | 19.87%-5.7pp | 982.45%-968.3pp | 29.43%-15.3pp |
| Employer contribution / active EE | $418 | $2,491-83.2% | $2,574-83.7% | $2,241-81.3% |
| Participant deferral / active EE | $3,868 | $3,346+15.6% | $3,961-2.3% | $3,767+2.7% |
| Admin fee / account holder | $77 | $1,373-94.4% | $5,028-98.5% | $2,969-97.4% |