Plan Snapshot
- Plan Sponsor: Newport Pacific Capital Co., INC.
- Sponsor EIN: 953510322
- Sponsor Address: 1201 DOVE ST., SUITE 300, NEWPORT BEACH, CA, 92660
- Plan Type: 401(k)
- Total Participants: 243
- Total Assets: $14.4M
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 | 243 | $14.4M | $766,104 | $821,238 |
| 2023 | 285 | $13.2M | $378,546 | $644,636 |
| 2022 | 199 | $11.5M | $732,112 | $773,813 |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $42,472 | — | $42,472 |
| WORLD INVESTMENT ADVISORS LLC | ADVISOR | $31,179 | — | $31,179 |
| DAVID L. BUCK, CPA | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- DAVID L. BUCK, CPA — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $73,651
- Estimated Expense Ratio: 0.513% 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 | $73,651 | $31,179 | — | — | — |
| 2023 | $65,163 | $27,974 | — | — | — |
| 2022 | $66,087 | — | — | — | — |