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 LLC3 years Service code 15 · EIN 11-3665754 | Recordkeeping | $66,546 |
NEWPORT GROUP, INC.3 years Filed as: MATRIX FINANCIAL SOLUTIONS Service code 55 · EIN 20-1591048 | Other Commissions | $8,531 |
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 | $14,276 | $29,516-51.6% | $77,552-81.6% | $90,274-84.2% |
| Participation rate | 18.9% | 33.7%-14.7pp | 54.2%-35.3pp | 73.4%-54.4pp |
| Annual return | 16.93% | 231.18%-214.2pp | 54.82%-37.9pp | 53.97%-37.0pp |
| Employer contribution / active EE | $63 | $381-83.6% | $987-93.7% | $2,523-97.5% |
| Participant deferral / active EE | $516 | $944-45.4% | $1,861-72.3% | $4,231-87.8% |
| Admin fee / account holder | $21 | $106-80.2% | $2,859-99.3% | $114-81.6% |