Plan Snapshot
- Plan Sponsor: Newport-Waldport Acquisition Corp.
- Sponsor EIN: 931282521
- Sponsor Address: 345 EAST OLIVE STREET, NEWPORT, OR, 97365
- Plan Type: 401(k)
- Total Participants: 32
- Total Assets: $8.2M
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 | 32 | $8.2M | $66,957 | $129,430 |
| 2023 | 29 | $7.2M | $59,794 | $112,471 |
| 2022 | 28 | $6.2M | $53,897 | $104,546 |