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.3 years Filed as: NEWPORT GROUP, INC Service code 12 · EIN 27-2037969 | Claims processing; Recordkeeping and ... | $33,293 |
CARR, RIGGS & INGRAM, LLC4+ 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.
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 | $30,043 | $37,196-19.2% | $154,107-80.5% | $55,725-46.1% |
| Participation rate | 52.8% | 64.1%-11.3pp | 83.0%-30.3pp | 70.9%-18.1pp |
| Annual return | -4.41% | 1319.68%-1324.1pp | 735.12%-739.5pp | 244.93%-249.3pp |
| Employer contribution / active EE | $568 | $1,614-64.8% | $5,298-89.3% | $2,078-72.6% |
| Participant deferral / active EE | $1,717 | $2,068-17.0% | $5,081-66.2% | $3,356-48.8% |
| Admin fee / account holder | $186 | $102+82.6% | $13,411-98.6% | $115+61.1% |