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+ years Filed as: MATRIX FINANCIAL SOLUTIONS, INC. Service code 18 · EIN 20-1591048 | Custodial (other than securities); Fl... | $509 |
Service code 12 · EIN 84-1477138 | Claims processing; Participant commun... | $505 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
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 | $34,533 | $38,595-10.5% | $80,004-56.8% | $52,331-34.0% |
| Participation rate | 26.6% | 64.5%-37.9pp | 73.0%-46.4pp | 68.1%-41.5pp |
| Annual return | 1.26% | 2.04%-0.8pp | 7.63%-6.4pp | 4.54%-3.3pp |
| Employer contribution / active EE | $534 | $1,133-52.9% | $2,473-78.4% | $1,882-71.6% |
| Participant deferral / active EE | $812 | $2,318-65.0% | $3,204-74.6% | $3,022-73.1% |
| Admin fee / account holder | $12 | $304-96.2% | $5,033-99.8% | $592-98.1% |