Plan Snapshot
- Plan Sponsor: Newport Capital Group, LLC
- Sponsor EIN: 861109193
- Sponsor Address: 12 BROAD STREET, RED BANK, NJ, 07701
- Plan Type: 401(k)
- Total Participants: 38
- Total Assets: $3.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 38 | $3.9M | $85,262 | $277,628 |
| 2023 | 29 | $3.1M | $70,160 | $217,939 |
| 2022 | 24 | $2.5M | $73,672 | $235,338 |