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.5 years Service code 15 · EIN 27-2037969 | Recordkeeping | $141,714 |
PNC BANK, N.A.1 year Filed as: PNC INSTITUTIONAL ASSET MANAGEMENT Service code 26 · EIN 22-1146430 | Advisory (Participants) | $57,173 |
NEWPORT GROUP, INC.2 years Filed as: NEWPORT TRUST COMPANY Service code 21 · EIN 27-4411131 | Bank Trustee | $15,384 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $42,028 | $88,480-52.5% | $96,683-56.5% | $80,160-47.6% |
| Participation rate | 48.7% | 79.9%-31.2pp | 74.3%-25.7pp | 72.9%-24.3pp |
| Annual return | 21.84% | 22.53%-0.7pp | 35.69%-13.9pp | 40.38%-18.5pp |
| Employer contribution / active EE | $1,065 | $4,176-74.5% | $3,737-71.5% | $2,978-64.2% |
| Participant deferral / active EE | $3,089 | $3,959-22.0% | $4,878-36.7% | $5,017-38.4% |
| Admin fee / account holder | $139 | $212-34.2% | $6,730-97.9% | $145-3.8% |