Plan Snapshot
- Plan Sponsor: Newco Distributors, INC.
- Sponsor EIN: 330407040
- Sponsor Address: 9060 ROCHESTER AVE, RANCHO CUCAMONGA, CA, 91730
- Plan Type: 401(k)
- Total Participants: 124
- Total Assets: $9.2M
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 | 124 | $9.2M | $251,379 | $592,788 |
| 2023 | 125 | $7.3M | $259,936 | $537,165 |
| 2022 | 119 | $5.7M | $258,253 | $540,351 |
| 2019 | 94 | $4.3M | $0 | $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 |
|---|---|---|---|---|
| LPL FINANCIAL CORPORATION RPCP | Investment Advisor | $21,528 | — | $21,528 |
| ADP, INC. | Recordkeeper | $14,179 | — | $14,179 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LPL FINANCIAL CORPORATION RPCP — Investment Advisor
- ADP, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $35,707
- Estimated Expense Ratio: 0.388% 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 | $36,440 | $21,529 | — | — | — |
| 2023 | $52,314 | $28,509 | $23,805 | — | — |
| 2022 | $33,806 | $18,374 | $15,432 | — | — |
| 2019 | $41,854 | — | — | — | — |