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.5 years Service code 12 · EIN 27-2037969 | Participant loan processing; Recordke... | $39,706 |
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $43,811 | $47,126-7.0% | $149,673-70.7% | $74,419-41.1% |
| Participation rate | 48.1% | 63.4%-15.3pp | 78.8%-30.7pp | 70.7%-22.7pp |
| Annual return | 11.78% | 22.75%-11.0pp | 134.42%-122.6pp | 34.38%-22.6pp |
| Employer contribution / active EE | $735 | $1,905-61.4% | $4,818-84.7% | $2,637-72.1% |
| Participant deferral / active EE | $2,226 | $2,728-18.4% | $5,680-60.8% | $4,528-50.8% |
| Admin fee / account holder | $175 | $343-49.1% | $13,210-98.7% | $348-49.8% |