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.2 years Filed as: NEWPORT GROUP, INC Service code 12 · EIN 27-2037969 | Recordkeeping and information managem... | $32,758 |
CARR, RIGGS & INGRAM, LLC3+ years Filed as: CARR, RIGGS, AND INGRAM, LLC Service code 10 · EIN 72-1396621 | Accounting | $9,200 |
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 | $32,081 | $46,173-30.5% | $170,442-81.2% | $69,631-53.9% |
| Participation rate | 52.7% | 63.9%-11.2pp | 83.6%-30.9pp | 70.7%-18.0pp |
| Annual return | 11.46% | 21.62%-10.2pp | 205.93%-194.5pp | 27571.02%-27559.6pp |
| Employer contribution / active EE | $543 | $1,610-66.3% | $5,433-90.0% | $2,032-73.3% |
| Participant deferral / active EE | $1,569 | $2,080-24.6% | $4,939-68.2% | $3,224-51.3% |
| Admin fee / account holder | $184 | $116+58.3% | $13,880-98.7% | $110+66.2% |