Plan Snapshot
- Plan Sponsor: Newbury Corporation
- Sponsor EIN: 042426613
- Sponsor Address: 222 AMES STREET, DEDHAM, MA, 02026
- Plan Type: DB
- Total Participants: 125
- Total Assets: $74.6M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 125 | $74.6M | $0 | $0 |
| 2023 | 123 | $79.6M | $0 | $0 |
| 2022 | 116 | $83.2M | $3.2M | $0 |
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 |
|---|---|---|---|---|
| AGILIS PARTNERS LLC | Other Service Provider | $145,144 | — | $145,144 |
| SCHWAB RETIREMENT PLAN SERVICES INC | Recordkeeper | $88,053 | — | $88,053 |
| MARCUM LLP | Other Service Provider | $20,600 | — | $20,600 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES INC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $253,797
- Estimated Expense Ratio: 0.340% of plan assets
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 | $330,465 | — | — | — | — |
| 2023 | $332,646 | $180,976 | — | $20,060 | — |
| 2022 | $286,395 | — | — | — | $162,687 |