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 Filed as: MATRIX FINANCIAL SOLUTIONS, INC. Service code 18 · EIN 20-1591048 | Trustee (directed); Float revenue; Sh... | $1,259 |
Service code 12 · EIN 84-1477138 | Sub-transfer agency fees; Direct paym... | $795 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $46,895 | $43,411+8.0% | $94,993-50.6% | $69,631-32.7% |
| Participation rate | 21.2% | 64.4%-43.2pp | 73.9%-52.7pp | 70.7%-49.5pp |
| Annual return | 22.19% | 22.54%-0.4pp | 27.12%-4.9pp | 27571.02%-27548.8pp |
| Employer contribution / active EE | $568 | $1,202-52.7% | $2,603-78.2% | $2,032-72.0% |
| Participant deferral / active EE | $833 | $2,384-65.1% | $3,317-74.9% | $3,224-74.2% |
| Admin fee / account holder | $22 | $87-74.4% | $4,960-99.5% | $110-79.8% |