Filed June 21, 2024 (most recent of 2 filings on file)
Total covered: 41 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 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 |
|---|---|---|
Filed as: FIRST-CITIZENS BANK & TRUST COMPANY Service code 21 · EIN 56-0223230 | Bank Trustee | $13,574 |
NEWPORT GROUP, INC.1 year Service code 13 · EIN 27-2037969 | Contract Administrator | $9,147 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $36,182 | $88,515-59.1% | $162,163-77.7% | $67,579-46.5% |
| Participation rate | 97.2% | 86.8%+10.4pp | 87.6%+9.6pp | 71.3%+25.9pp |
| Annual return | 27.43% | 27.04%+0.4pp | 115.59%-88.2pp | 378.56%-351.1pp |
| Employer contribution / active EE | $3,773 | $3,563+5.9% | $5,614-32.8% | $2,148+75.7% |
| Participant deferral / active EE | $3,773 | $5,724-34.1% | $7,298-48.3% | $3,539+6.6% |
| Admin fee / account holder | $52 | $124-58.3% | $10,843-99.5% | $142-63.8% |