# Newbury Corporation 401(k) Plan
Source: https://planprovider.pro/companies/newbury-corporation-401k-plan

> Newbury Corporation&#39;s 401(k) plan: 157 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Newbury Corporation

- **Sponsor EIN:** 042426613

- **Sponsor Address:** 222 AMES STREET, DEDHAM, MA, 02026

- **Plan Type:** 401(k)

- **Total Participants:** 157

- **Total Assets:** $57.3M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** Yes

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|157|$57.3M|$408,128|$1.4M|

| 2023|142|$53.9M|$1.2M|$1.4M|

| 2022|139|$49.2M|$2.2M|$1.3M|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| CBIZ CPAS P.C|Auditor|—|—|$0|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$47,956|$5,564|—|—|—|

| 2023|$48,347|$4,852|—|—|—|

| 2022|$47,317|—|—|—|—|

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