Plan Snapshot
- Plan Sponsor: Newmark Group, INC.
- Sponsor EIN: 814467492
- Sponsor Address: 125 PARK AVENUE, NEW YORK, NY, 100175690
- Plan Type: 401(k)
- Total Participants: 3,520
- Total Assets: $284.8M
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 | 3,520 | $284.8M | $4.7M | $31.1M |
| 2023 | 3,456 | $244.7M | $3.7M | $30.1M |
| 2022 | 3,614 | $195.2M | $2.6M | $29.0M |
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 |
|---|---|---|---|---|
| ERNST AND YOUNG | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ERNST AND YOUNG — 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 | $508,129 | $84,141 | $423,988 | — | — |
| 2023 | $434,759 | $79,114 | $355,645 | — | — |
| 2022 | $385,130 | $77,173 | $307,957 | — | — |