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.2+ years Filed as: MATRIX FINANCIAL SOLUTIONS, INC. Service code 18 · EIN 20-1591048 | Investment management; Custodial (oth... | $2,259 |
Service code 12 · EIN 84-1477138 | Participant loan processing; Direct p... | $2,056 |
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $37,853 | $56,629-33.2% | $77,999-51.5% | $55,167-31.4% |
| Participation rate | 73.6% | 73.3%+0.3pp | 75.5%-1.9pp | 69.0%+4.7pp |
| Annual return | 7.71% | 2866.98%-2859.3pp | 425.96%-418.3pp | 169.23%-161.5pp |
| Employer contribution / active EE | $414 | $1,723-76.0% | $2,470-83.2% | $1,963-78.9% |
| Participant deferral / active EE | $2,195 | $2,777-21.0% | $3,497-37.2% | $3,054-28.1% |
| Admin fee / account holder | $34 | $467-92.8% | $5,480-99.4% | $504-93.3% |