Plan Snapshot
- Plan Sponsor: The Newtron Group, L.L.C.
- Sponsor EIN: 720955705
- Sponsor Address: 13926 AIRLINE HIGHWAY, BATON ROUGE, LA, 70817
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 2,227
- Total Assets: $134.8M
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. |
|---|---|---|---|---|
| 2025 | 2,227 | $134.8M | $0 | $0 |
| 2024 | 4,022 | $117.9M | $1.8M | $9.1M |
| 2023 | 2,725 | $101.7M | $1.7M | $8.1M |
| 2022 | 2,465 | $87.3M | $1.6M | $6.2M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $134,759 | — | $134,759 |
| GALLAGHER FIDUCIARY ADVI | Investment Advisor | $34,000 | — | $34,000 |
| HANNIS T. BOURGEOIS | Investment Advisor | $25,300 | — | $25,300 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $194,059
- Estimated Expense Ratio: 0.144% 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 |
|---|---|---|---|---|---|
| 2025 | $12,744,914 | $59,300 | $134,760 | — | — |
| 2024 | $188,822 | $32,664 | $131,358 | $24,800 | — |
| 2023 | $141,464 | $10,398 | $131,066 | — | — |
| 2022 | $91,122 | — | $91,122 | — | — |