Filed September 18, 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 |
|---|---|---|
Service code 27 29 SAWYER RD. · WALTHAM, MA 02453 | Advisory (Plan) | $27,204 |
NEWPORT GROUP, INC.2 years Service code 15 · EIN 27-2037969 | Recordkeeping | $8,604 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $90,566 | $61,605+47.0% | $112,229-19.3% | $75,163+20.5% |
| Participation rate | 89.8% | 61.7%+28.1pp | 72.4%+17.4pp | 67.2%+22.6pp |
| Annual return | 20.67% | 28.47%-7.8pp | 30.20%-9.5pp | 160.62%-140.0pp |
| Employer contribution / active EE | $2,350 | $2,015+16.6% | $3,430-31.5% | $2,670-12.0% |
| Participant deferral / active EE | $5,453 | $3,108+75.4% | $4,798+13.7% | $4,125+32.2% |
| Admin fee / account holder | $329 | $4,862-93.2% | $7,748-95.8% | $5,651-94.2% |