Filed February 25, 2019 (most recent of 4 filings on file)
Total covered: 6 employees
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 |
|---|---|---|
Service code 26 620 COOLIDGE DRIVE, STE. 180 · FOLSOM, CA 95630 | Advisory (Participants) | $28,487 |
NEWPORT GROUP, INC.4+ years Service code 13 · EIN 27-2037969 | Contract Administrator | $7,915 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match 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 | $18,001 | $56,443-68.1% | $83,848-78.5% | $55,725-67.7% |
| Participation rate | 30.3% | 72.0%-41.7pp | 76.1%-45.8pp | 70.9%-40.5pp |
| Annual return | -5.86% | 393.67%-399.5pp | 850.88%-856.7pp | 244.93%-250.8pp |
| Employer contribution / active EE | $889 | $2,682-66.8% | $3,631-75.5% | $2,078-57.2% |
| Participant deferral / active EE | $698 | $2,965-76.4% | $4,082-82.9% | $3,356-79.2% |
| Admin fee / account holder | $125 | $156-20.0% | $5,478-97.7% | $115+8.5% |