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 year Filed as: NEWPORT GROUP, INC Service code 12 · EIN 27-2037969 | Direct payment from the plan; Recordk... | $33,567 |
CARR, RIGGS & INGRAM, LLC2+ years Filed as: CARR, RIGGS, AND INGRAM, LLC Service code 10 · EIN 72-1396621 | Accounting | $9,259 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $33,176 | $36,916-10.1% | $156,549-78.8% | $57,658-42.5% |
| Participation rate | 51.4% | 63.4%-12.1pp | 84.0%-32.7pp | 70.2%-18.9pp |
| Annual return | 5.05% | 12.38%-7.3pp | 32.23%-27.2pp | 5.13%-0.1pp |
| Employer contribution / active EE | $524 | $1,571-66.7% | $5,501-90.5% | $1,974-73.5% |
| Participant deferral / active EE | $1,470 | $1,926-23.7% | $4,871-69.8% | $3,061-52.0% |
| Admin fee / account holder | $199 | $82+141.5% | $13,027-98.5% | $95+110.8% |