Filed January 21, 2009 (most recent of 2 filings on file)
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.6 years Service code 13 · EIN 27-2037969 | Contract Administrator | $155,895 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $23,670 | $67,512-64.9% | $185,823-87.3% | $93,030-74.6% |
| Participation rate | 51.3% | 67.1%-15.9pp | 81.7%-30.4pp | 73.9%-22.6pp |
| Annual return | 14.24% | 21.04%-6.8pp | 122.05%-107.8pp | 158.70%-144.5pp |
| Employer contribution / active EE | $724 | $1,783-59.4% | $5,167-86.0% | $2,706-73.2% |
| Participant deferral / active EE | $2,071 | $3,035-31.8% | $5,568-62.8% | $4,562-54.6% |
| Admin fee / account holder | $107 | $318-66.2% | $16,237-99.3% | $152-29.3% |