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: 1,394
- Total Assets: $145.6M
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 | 1,394 | $145.6M | $2.6M | $6.7M |
| 2023 | 1,355 | $127.8M | $1.8M | $6.0M |
| 2022 | 1,180 | $104.7M | $2.5M | $6.1M |
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 |
|---|---|---|---|---|
| NS CAPITAL LLC | NONE | $275,608 | — | $275,608 |
| NEWPORT GROUP, INC. | PLAN SPONSOR | $173,619 | — | $173,619 |
| 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: $449,227
- Estimated Expense Ratio: 0.308% 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 | $449,227 | $276,580 | $144,132 | — | — |
| 2023 | $323,344 | $225,325 | $97,849 | — | — |
| 2022 | $368,482 | $175,548 | $192,934 | — | — |