Plan Snapshot
- Plan Sponsor: Newport Ip LLC
- Sponsor EIN: 813263348
- Sponsor Address: 1400 112TH AVE SE STE 100, BELLEVUE, WA, 980046901
- Plan Type: 401(k)
- Total Participants: 7
- Total Assets: $1.5M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 7 | $1.5M | $49,587 | $89,105 |
| 2023 | 7 | $1.0M | $47,581 | $94,949 |
| 2022 | 8 | $622,812 | $41,066 | $91,141 |