Filed October 5, 2022
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.1 year Filed as: NEWPORT GROUP, INC Service code 15 · EIN 27-2037969 | Recordkeeping | $45,177 |
NEWPORT GROUP, INC.3 years Filed as: NEWPORT CONSULTING, LLC Service code 27 · EIN 20-4649925 | Advisory (Plan) | $19,637 |
Service code 27 2011 EAST LAMR BLVD · ARLINGTON, TX 76006 | Advisory (Plan) | $15,375 |
RICHARD J. WOLF & COMPANY3 years Filed as: RICHARD P. SLAUGHTER & ASSOCIATES Service code 27 13809 N. HIGHWAY 183, SUITE 905 · AUSTIN, TX 78750 | Advisory (Plan) | $13,088 |
IRONSHORE FINANCIAL, LLC1 year Service code 27 902 KASEY CT · DAPHNE, AL 36526 | Advisory (Plan) | $6,603 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $233,813 | $88,122+165.3% | $141,162+65.6% | $67,579+246.0% |
| Participation rate | 89.3% | 76.5%+12.8pp | 82.5%+6.8pp | 71.3%+18.0pp |
| Annual return | 23.34% | 75.40%-52.1pp | 71.39%-48.0pp | 378.56%-355.2pp |
| Employer contribution / active EE | $12,186 | $3,224+277.9% | $4,735+157.4% | $2,148+467.4% |
| Participant deferral / active EE | $6,571 | $5,958+10.3% | $6,709-2.1% | $3,539+85.7% |
| Admin fee / account holder | $354 | $131+170.6% | $10,261-96.5% | $142+148.9% |