Plan Snapshot
- Plan Sponsor: Newport Group, INC.
- Sponsor EIN: 272037969
- Sponsor Address: 35 IRON POINT CIRCLE, FOLSOM, CA, 95630
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $0
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. |
|---|---|---|---|---|
| 2025 | 0 | $0 | $0 | $0 |
| 2024 | 390 | $9.8M | $533,057 | $1.4M |
| 2023 | 331 | $6.1M | $415,720 | $1.0M |
| 2022 | 167 | $4.0M | $138,633 | $470,821 |
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 |
|---|---|---|---|---|
| PLANMEMBER FINANCIAL CORPORATION | NONE | $31,713 | — | $31,713 |
| NEWPORT GROUP, INC. | PLAN SPONSOR | $8,694 | — | $8,694 |
| CLIFTONLARSONALLEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $40,407
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 |
|---|---|---|---|---|---|
| 2025 | $40,780 | $17,574 | $19,472 | — | — |
| 2024 | $41,717 | $31,713 | $5,874 | — | — |
| 2023 | $319,990 | — | $28,571 | — | — |
| 2022 | $26,552 | — | $16,807 | — | — |