Filed June 22, 2006
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.
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 | Claims processing; Direct payment fro... | $791,223 |
Service code 36 6980 OVERLAND ROAD · BOISE, ID 83709 | Copying and duplicating; Other servic... | $45,095 |
NEWPORT GROUP, INC.2 years Filed as: NEWPORT TRUST CO. Service code 12 · EIN 27-4411131 | Claims processing; Trustee (bank, tru... | $37,443 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $7,858 | $38,510-79.6% | $74,550-89.5% | $73,367-89.3% |
| Participation rate | 61.8% | 53.5%+8.3pp | 69.1%-7.3pp | 69.5%-7.7pp |
| Annual return | 15.87% | -0.94%+16.8pp | 32.53%-16.7pp | 173.45%-157.6pp |
| Employer contribution / active EE | $0 | $774-100.0% | $1,961-100.0% | $2,499-100.0% |
| Participant deferral / active EE | $930 | $1,421-34.5% | $3,108-70.1% | $4,033-76.9% |
| Admin fee / account holder | $67 | $52+28.2% | $5,060-98.7% | $68-2.6% |