Filed February 12, 2019
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 7-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.1 year Service code 13 · EIN 27-2037969 | Contract Administrator | $28,375 |
Filed as: MERRILL LYNCH Service code 26 550 CALIFORNIA STEET · SAN FRANCISCO, CA 94108 | Advisory (Participants) | $15,500 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $26,708 | $52,293-48.9% | $178,490-85.0% | $73,409-63.6% |
| Participation rate | 95.6% | 65.3%+30.2pp | 81.9%+13.6pp | 72.2%+23.4pp |
| Annual return | 27.50% | 34.75%-7.3pp | 151.07%-123.6pp | 59.29%-31.8pp |
| Employer contribution / active EE | $47 | $1,735-97.3% | $5,011-99.1% | $2,234-97.9% |
| Participant deferral / active EE | $3,728 | $2,332+59.8% | $5,202-28.3% | $3,805-2.0% |
| Admin fee / account holder | $39 | $127-69.4% | $13,984-99.7% | $158-75.3% |