Filed September 12, 1994
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 Service code 15 · EIN 27-2037969 | Recordkeeping | $19,459 |
PNC BANK, N.A.2 years Service code 25 · EIN 22-1146430 | Directed Trustee | $19,005 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $100,639 | $63,114+59.5% | $92,893+8.3% | $65,185+54.4% |
| Participation rate | 57.7% | 68.8%-11.1pp | 76.0%-18.3pp | 70.2%-12.5pp |
| Annual return | 20.94% | 28.75%-7.8pp | 109.41%-88.5pp | 29.38%-8.4pp |
| Employer contribution / active EE | $1,459 | $2,571-43.2% | $3,653-60.0% | $2,177-33.0% |
| Participant deferral / active EE | $2,561 | $3,108-17.6% | $4,236-39.5% | $3,514-27.1% |
| Admin fee / account holder | $506 | $624-18.8% | $5,794-91.3% | $847-40.3% |