Filed August 2, 2021
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 | $102,613 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $33,127 | $81,719-59.5% | $101,248-67.3% | $90,288-63.3% |
| Participation rate | 42.9% | 80.7%-37.8pp | 75.8%-32.9pp | 73.4%-30.4pp |
| Annual return | 23.56% | 337.64%-314.1pp | 46.47%-22.9pp | 53.97%-30.4pp |
| Employer contribution / active EE | $1,471 | $3,622-59.4% | $3,660-59.8% | $2,524-41.7% |
| Participant deferral / active EE | $2,531 | $3,310-23.5% | $4,370-42.1% | $4,232-40.2% |
| Admin fee / account holder | $98 | $162-39.6% | $5,945-98.4% | $114-14.3% |