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.5 years Service code 12 · EIN 27-2037969 | Sub-transfer agency fees; Direct paym... | $60,126 |
SAGEVIEW ADVISORY GROUP, LLC6+ years Filed as: SAGEVIEW ADVISORY GROUP Service code 27 · EIN 33-0818667 | Advisory (Plan) | $30,918 |
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $64,682 | $111,608-42.0% | $177,821-63.6% | $73,409-11.9% |
| Participation rate | 92.0% | 87.9%+4.1pp | 87.7%+4.3pp | 72.2%+19.8pp |
| Annual return | 15.20% | 18.23%-3.0pp | 48.32%-33.1pp | 59.29%-44.1pp |
| Employer contribution / active EE | $3,081 | $3,796-18.8% | $5,918-47.9% | $2,234+38.0% |
| Participant deferral / active EE | $5,639 | $6,199-9.0% | $7,714-26.9% | $3,805+48.2% |
| Admin fee / account holder | $235 | $166+41.7% | $12,427-98.1% | $158+48.6% |