Filed April 2, 2008 (most recent of 2 filings on file)
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.1+ years Filed as: NEWPORT RETIREMENT SERVICES, INC Service code 12 · EIN 62-1868111 | Recordkeeping fees; Participant loan ... | $27,528 |
CARR, RIGGS & INGRAM, LLC1+ years Filed as: CARR, RIGGS, AND INGRAM, LLC Service code 10 · EIN 72-1396621 | Accounting | $9,265 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
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 | $33,900 | $37,117-8.7% | $147,614-77.0% | $55,191-38.6% |
| Participation rate | 51.2% | 63.6%-12.4pp | 84.6%-33.4pp | 69.2%-18.0pp |
| Annual return | -1.10% | 3.44%-4.5pp | 61.98%-63.1pp | 10.78%-11.9pp |
| Employer contribution / active EE | $514 | $1,620-68.3% | $5,564-90.8% | $1,899-73.0% |
| Participant deferral / active EE | $1,438 | $1,985-27.6% | $4,895-70.6% | $3,046-52.8% |
| Admin fee / account holder | $178 | $86+107.8% | $11,611-98.5% | $91+95.9% |