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.3 years Service code 12 · EIN 27-2037969 | Recordkeeping fees; Claims processing... | $809,244 |
NEWPORT GROUP, INC.3 years Filed as: NEWPORT TRUST CO. Service code 12 | Trustee (directed); Trustee (bank, tr... | $42,935 |
NEWPORT GROUP, INC.1 year Filed as: NEWPORT GROUP, INC Service code 12 | Claims processing; Direct payment fro... | $2,846 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return 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 | $8,668 | $100,179-91.3% | $84,015-89.7% | $89,569-90.3% |
| Participation rate | 66.3% | 54.1%+12.2pp | 69.0%-2.7pp | 69.6%-3.3pp |
| Annual return | 8.43% | 22.50%-14.1pp | 71.31%-62.9pp | 34.56%-26.1pp |
| Employer contribution / active EE | $0 | $816-100.0% | $1,983-100.0% | $2,584-100.0% |
| Participant deferral / active EE | $1,095 | $1,459-24.9% | $3,239-66.2% | $4,220-74.0% |
| Admin fee / account holder | $67 | $72-7.7% | $6,101-98.9% | $72-7.1% |