Plan Snapshot
- Plan Sponsor: Newco Enterprises, INC.
- Sponsor EIN: 271526865
- Sponsor Address: 3650 NEW TOWN BLVD, SAINT CHARLES, MO, 63301
- Plan Type: 401(k)
- Total Participants: 129
- Total Assets: $5.9M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 129 | $5.9M | $92,355 | $311,741 |
| 2023 | 108 | $5.2M | $84,089 | $308,991 |
| 2022 | 132 | $4.3M | $74,611 | $291,022 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $42,409 | — | $42,409 |
| CREATIVE PLANNING, INC. | Investment Advisor | — | $20,620 | $20,620 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CREATIVE PLANNING, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $63,029
- Estimated Expense Ratio: 1.073% 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 | $42,433 | — | $42,433 | — | — |
| 2023 | $37,250 | — | $37,250 | — | — |
| 2022 | $39,971 | — | $39,971 | — | — |