Plan Snapshot
- Plan Sponsor: Newbury Management Company Dba/Newbury Living
- Sponsor EIN: 421350076
- Sponsor Address: 3408 WOODLAND, SUITE 504, WEST DES MOINES, IA, 502666506
- Plan Type: 401(k)
- Total Participants: 133
- Total Assets: $5.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 133 | $5.4M | $167,724 | $498,768 |
| 2023 | 141 | $4.8M | $163,712 | $443,645 |
| 2022 | 137 | $4.2M | $138,768 | $391,706 |
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 |
|---|---|---|---|---|
| MHCS P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MHCS P.C. — Auditor
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 | $57,456 | $54,121 | — | — | — |
| 2023 | $49,477 | $34,661 | — | — | — |
| 2022 | $53,175 | $51,075 | — | — | — |