Filed October 28, 2024 (most recent of 2 filings on file)
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
ASCENSUS LLC2 years Service code 15 · EIN 11-3665754 | Recordkeeping | $67,523 |
NEWPORT GROUP, INC.2 years Filed as: MATRIX FINANCIAL SOLUTIONS Service code 55 · EIN 20-1591048 | Other Commissions | $7,536 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $12,322 | $26,479-53.5% | $74,723-83.5% | $77,775-84.2% |
| Participation rate | 21.9% | 37.6%-15.7pp | 54.5%-32.6pp | 73.2%-51.3pp |
| Annual return | 21.96% | 38.31%-16.3pp | 753.18%-731.2pp | 32.58%-10.6pp |
| Employer contribution / active EE | $130 | $440-70.5% | $1,084-88.0% | $2,504-94.8% |
| Participant deferral / active EE | $661 | $1,074-38.5% | $1,962-66.3% | $3,966-83.3% |
| Admin fee / account holder | $22 | $119-81.7% | $3,335-99.3% | $100-78.3% |