Filed October 22, 2020
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 | $23,300 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $28,896 | $36,767-21.4% | $81,478-64.5% | $62,292-53.6% |
| Participation rate | 42.9% | 54.4%-11.5pp | 68.0%-25.0pp | 69.5%-26.6pp |
| Annual return | 27.09% | 173.80%-146.7pp | 38.78%-11.7pp | 28.90%-1.8pp |
| Employer contribution / active EE | $837 | $1,128-25.8% | $2,568-67.4% | $2,042-59.0% |
| Participant deferral / active EE | $1,450 | $2,111-31.3% | $3,537-59.0% | $3,169-54.2% |
| Admin fee / account holder | $238 | $797-70.2% | $4,561-94.8% | $479-50.4% |