Filed July 31, 2024 (most recent of 2 filings on file)
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 | $36,170 |
Service code 64 · EIN 71-0294708 | Recordkeeping Fees | $2,150 |
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $134,673 | $101,317+32.9% | $146,958-8.4% | $74,495+80.8% |
| Participation rate | 97.8% | 75.5%+22.2pp | 82.2%+15.6pp | 67.2%+30.6pp |
| Annual return | 11.29% | 8730.91%-8719.6pp | 418.34%-407.0pp | 1364.94%-1353.7pp |
| Employer contribution / active EE | $2,627 | $3,810-31.1% | $4,933-46.8% | $2,623+0.1% |
| Participant deferral / active EE | $8,951 | $7,303+22.6% | $8,070+10.9% | $4,346+106.0% |
| Admin fee / account holder | $123 | $1,739-92.9% | $12,998-99.1% | $1,942-93.7% |