Filed May 3, 2023
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 13 · EIN 27-2037969 | Contract Administrator | $6,071 |
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 | $57,759 | $70,083-17.6% | $59,878-3.5% | $55,725+3.7% |
| Participation rate | 66.5% | 78.4%-11.8pp | 74.7%-8.2pp | 70.9%-4.3pp |
| Annual return | -3.19% | 3.13%-6.3pp | 3.46%-6.6pp | 244.93%-248.1pp |
| Employer contribution / active EE | $2,092 | $2,878-27.3% | $2,722-23.1% | $2,078+0.6% |
| Participant deferral / active EE | $2,820 | $3,079-8.4% | $3,402-17.1% | $3,356-16.0% |
| Admin fee / account holder | $9 | $70-87.5% | $3,590-99.8% | $115-92.4% |