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.2 years Service code 15 · EIN 27-2037969 | Recordkeeping | $41,241 |
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 | $129,813 | $69,362+87.2% | $101,248+28.2% | $73,488+76.6% |
| Participation rate | 56.6% | 68.4%-11.8pp | 75.8%-19.2pp | 70.7%-14.1pp |
| Annual return | 13.65% | 18.46%-4.8pp | 46.47%-32.8pp | 28.51%-14.9pp |
| Employer contribution / active EE | $1,597 | $2,628-39.2% | $3,660-56.4% | $2,270-29.7% |
| Participant deferral / active EE | $2,821 | $3,300-14.5% | $4,370-35.4% | $3,740-24.6% |
| Admin fee / account holder | $589 | $704-16.3% | $5,945-90.1% | $513+14.8% |