Filed September 12, 2023
Total covered: 7 employees
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 9-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+ years Filed as: NEWPORT RETIREMENT SERVICES, INC. Service code 12 · EIN 62-1868111 | Sub-transfer agency fees; Recordkeepi... | $33,072 |
SAGEVIEW ADVISORY GROUP, LLC1+ years Filed as: SAGEVIEW ADVISORY GROUP Service code 27 · EIN 33-0818667 | Advisory (Plan) | $20,000 |
CHARLES SCHWAB & CO., INC.1+ years Filed as: CHARLES SCHWAB BANK Service code 12 · EIN 42-1558009 | Claims processing; Custodial (securit... | $12,851 |
HARRIS, HARVEY, NEAL & CO., LLP1+ years Service code 10 · EIN 54-0643136 | Accounting | $6,800 |
Annual investment return is in the bottom quintile of the peer cohort.
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 | $43,359 | $68,413-36.6% | $123,104-64.8% | $55,191-21.4% |
| Participation rate | 90.8% | 84.5%+6.3pp | 86.8%+4.0pp | 69.2%+21.6pp |
| Annual return | -2.02% | 6.30%-8.3pp | 13.22%-15.2pp | 10.78%-12.8pp |
| Employer contribution / active EE | $2,056 | $3,050-32.6% | $5,151-60.1% | $1,899+8.3% |
| Participant deferral / active EE | $3,504 | $4,490-22.0% | $6,230-43.8% | $3,046+15.0% |
| Admin fee / account holder | $104 | $88+18.5% | $9,015-98.8% | $91+14.6% |