Filed March 14, 2017 (most recent of 2 filings on file)
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 12 · EIN 27-2037969 | Recordkeeping fees; Participant loan ... | $49,843 |
Filed as: MORGAN STANLEY Service code 27 660 NEWPORT CENTER DRIVE · NEWPORT BEACH, CA 92680 | Advisory (Plan) | $35,781 |
NEWPORT GROUP, INC.2+ years Filed as: NEWPORT TRUST COMPANY Service code 12 · EIN 27-4411131 | Claims processing; Custodial (securit... | $10,537 |
Service code 60 · EIN 04-2647786 | Sub-TA Fees | $550 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $116,277 | $80,753+44.0% | $136,294-14.7% | $62,292+86.7% |
| Participation rate | 98.0% | 73.5%+24.5pp | 81.9%+16.1pp | 69.5%+28.5pp |
| Annual return | 18.68% | 35.83%-17.2pp | 5155.94%-5137.3pp | 28.90%-10.2pp |
| Employer contribution / active EE | $2,722 | $2,884-5.6% | $4,695-42.0% | $2,042+33.3% |
| Participant deferral / active EE | $7,929 | $5,164+53.5% | $6,247+26.9% | $3,169+150.2% |
| Admin fee / account holder | $349 | $525-33.6% | $9,243-96.2% | $479-27.3% |