Filed May 23, 2024
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.5+ years Filed as: NEWPORT GROUP, INC Service code 60 · EIN 27-2037969 | Sub-TA Fees | $7,373 |
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).
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 | $38,324 | $46,423-17.4% | $75,886-49.5% | $67,579-43.3% |
| Participation rate | 31.2% | 63.1%-31.8pp | 69.3%-38.0pp | 71.3%-40.0pp |
| Annual return | 22.60% | 32.29%-9.7pp | 30.76%-8.2pp | 378.56%-356.0pp |
| Employer contribution / active EE | $792 | $1,406-43.7% | $2,500-68.3% | $2,148-63.1% |
| Participant deferral / active EE | $1,658 | $2,564-35.3% | $3,603-54.0% | $3,539-53.1% |
| Admin fee / account holder | $30 | $132-76.9% | $5,418-99.4% | $142-78.6% |