Filed January 28, 2020 (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 and information managem... | $82,383 |
NEWPORT GROUP, INC.2 years Filed as: NEWPORT TRUST COMPANY Service code 12 · EIN 27-4411131 | Account maintenance fees; Custodial (... | $60,397 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $53,723 | $44,989+19.4% | $170,442-68.5% | $77,958-31.1% |
| Participation rate | 98.1% | 64.6%+33.5pp | 83.6%+14.5pp | 71.6%+26.5pp |
| Annual return | 17.65% | 19.61%-2.0pp | 205.93%-188.3pp | 20.87%-3.2pp |
| Employer contribution / active EE | $3,280 | $1,466+123.7% | $5,433-39.6% | $2,310+42.0% |
| Participant deferral / active EE | $4,296 | $2,208+94.6% | $4,939-13.0% | $3,537+21.5% |
| Admin fee / account holder | $22 | $69-67.5% | $13,880-99.8% | $97-77.0% |