Filed January 12, 1
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.
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| Provider | Service type | Compensation |
|---|---|---|
Service code 12 · EIN 84-1477138 | Direct payment from the plan; Sub-tra... | $3,075 |
NEWPORT GROUP, INC.1+ years Filed as: MATRIX FINANCIAL SOLUTIONS, INC. Service code 18 · EIN 20-1591048 | Custodial (other than securities); In... | $1,007 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $22,695 | $70,002-67.6% | $115,037-80.3% | $52,331-56.6% |
| Participation rate | 66.4% | 72.1%-5.7pp | 81.4%-14.9pp | 68.1%-1.7pp |
| Annual return | 0.90% | 4.04%-3.1pp | 26.14%-25.2pp | 4.54%-3.6pp |
| Employer contribution / active EE | $1,974 | $2,715-27.3% | $4,608-57.2% | $1,882+4.9% |
| Participant deferral / active EE | $4,066 | $4,920-17.4% | $6,026-32.5% | $3,022+34.5% |
| Admin fee / account holder | $44 | $566-92.2% | $8,175-99.5% | $592-92.6% |