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 Service code 12 · EIN 27-2037969 | Recordkeeping and information managem... | $41,368 |
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.
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 | $36,759 | $52,293-29.7% | $178,490-79.4% | $73,409-49.9% |
| Participation rate | 47.2% | 65.3%-18.1pp | 81.9%-34.7pp | 72.2%-25.0pp |
| Annual return | 10.60% | 34.75%-24.1pp | 151.07%-140.5pp | 59.29%-48.7pp |
| Employer contribution / active EE | $597 | $1,735-65.6% | $5,011-88.1% | $2,234-73.3% |
| Participant deferral / active EE | $1,587 | $2,332-31.9% | $5,202-69.5% | $3,805-58.3% |
| Admin fee / account holder | $184 | $127+44.2% | $13,984-98.7% | $158+16.3% |