Filed August 21, 2006
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.1 year Service code 15 · EIN 27-2037969 | Recordkeeping | $32,801 |
Filed as: MERRILL LYNCH Service code 26 555 CALIFORNIA STREET · SAN FRANCISCO, CA 94104 | Advisory (Participants) | $32,139 |
NEWPORT GROUP, INC.1 year Filed as: NEWPORT TRUST COMPANY Service code 21 · EIN 27-4411131 | Bank Trustee | $18,679 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $145,242 | $69,159+110.0% | $125,175+16.0% | $67,579+114.9% |
| Participation rate | 80.0% | 78.2%+1.8pp | 79.8%+0.2pp | 71.3%+8.7pp |
| Annual return | 16.49% | 27.12%-10.6pp | 43.79%-27.3pp | 378.56%-362.1pp |
| Employer contribution / active EE | $2,827 | $2,023+39.7% | $3,865-26.9% | $2,148+31.6% |
| Participant deferral / active EE | $7,059 | $3,700+90.8% | $4,937+43.0% | $3,539+99.5% |
| Admin fee / account holder | $306 | $142+116.1% | $9,702-96.8% | $142+115.3% |