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.7 years Service code 13 · EIN 27-2037969 | Contract Administrator | $152,117 |
NEWPORT GROUP, INC.1 year Filed as: NEWPORT TRUST COMPANY Service code 21 · EIN 27-4411131 | Bank Trustee | $9,553 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return 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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $26,218 | $45,000-41.7% | $143,757-81.8% | $77,904-66.3% |
| Participation rate | 48.8% | 66.8%-18.1pp | 80.3%-31.5pp | 73.7%-24.9pp |
| Annual return | -17.18% | 29.03%-46.2pp | -0.04%-17.1pp | 12.21%-29.4pp |
| Employer contribution / active EE | $693 | $1,870-62.9% | $4,951-86.0% | $2,848-75.7% |
| Participant deferral / active EE | $1,995 | $3,157-36.8% | $5,637-64.6% | $4,806-58.5% |
| Admin fee / account holder | $141 | $98+42.8% | $14,673-99.0% | $133+6.1% |