Filed June 15, 2006
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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.4 years Service code 13 · EIN 27-2037969 | Contract Administrator | $78,804 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $79,561 | $82,978-4.1% | $129,995-38.8% | $71,457+11.3% |
| Participation rate | 96.4% | 74.1%+22.3pp | 78.5%+17.9pp | 67.9%+28.5pp |
| Annual return | 19.05% | 20.60%-1.5pp | -137.18%+156.2pp | 28.85%-9.8pp |
| Employer contribution / active EE | $2,288 | $2,622-12.7% | $4,320-47.0% | $2,588-11.6% |
| Participant deferral / active EE | $2,759 | $4,432-37.7% | $5,820-52.6% | $4,289-35.7% |
| Admin fee / account holder | $407 | $1,729-76.4% | $10,614-96.2% | $1,587-74.3% |