Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › New Era Technology
New Era Technology 401(k)
- Professional, scientific, and technical services
- West Chester, PA
- EIN 46-3078820
- 1 plan with Schedule H financials
- Plan year 2024
- New Era Technology, Inc.
Administrative expenses excluding investment management, per participant · New Era 401(k) Plan · plan year 2024
$62.85
Higher than 31% of the 8,758 plans $50 to 250M that report it.
Source
= $122,554 / 1,950
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015140203NAL0004760833001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015140203NAL0004760833001, received 2025-10-15
Percentiles compare this plan with the Schedule H plans $50 to 250M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-15.
Cost and contributions
Administrative expenses per participant
$122.50
Higher than 45% of the 9,042 plans $50 to 250M that report it.
Source
= $238,874 / 1,950
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015140203NAL0004760833001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015140203NAL0004760833001, received 2025-10-15
Administrative expenses as a share of assets
0.152%
Higher than 55% of the 9,049 plans $50 to 250M that report it.
Source
= $238,874 / $157,389,669
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015140203NAL0004760833001, received 2025-10-15
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015140203NAL0004760833001, received 2025-10-15
Employer contributions per participant
$954
Higher than 10% of the 9,105 plans $50 to 250M that report it.
Source
= $1,860,006 / 1,950
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015140203NAL0004760833001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015140203NAL0004760833001, received 2025-10-15
Employer share of total contributions
11.8%
Higher than 5% of the 9,112 plans $50 to 250M that report it.
Source
= $1,860,006 / $15,827,863
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015140203NAL0004760833001, received 2025-10-15
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015140203NAL0004760833001, received 2025-10-15
Plan terms, as stated in New Era Technology, Inc.'s SEC filings
Plan terms are not published in public filings.
Plan features
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3D IRS pre-approved plan · 3F · 2S pre-approved plan document · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251015140203NAL0004760833001, received 2025-10-15
Full record, New Era 401(k) Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | NEW ERA TECHNOLOGY, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251015140203NAL0004760833001, received 2025-10-15 |
| Plan name | NEW ERA 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251015140203NAL0004760833001, received 2025-10-15 |
| Sponsor EIN / plan number | 46-3078820 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251015140203NAL0004760833001, received 2025-10-15 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251015140203NAL0004760833001, received 2025-10-15 |
| Sponsor location | WEST CHESTER, PA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251015140203NAL0004760833001, received 2025-10-15 |
| Industry (business code) | 541990, Professional, scientific, and technical services | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251015140203NAL0004760833001, received 2025-10-15 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251015140203NAL0004760833001, received 2025-10-15 |
| Filing received | 2025-10-15 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251015140203NAL0004760833001, received 2025-10-15 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251015140203NAL0004760833001, received 2025-10-15 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251015140203NAL0004760833001, received 2025-10-15 |
| Participants, beginning of year | 2,323 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251015140203NAL0004760833001, received 2025-10-15 |
| Active participants | 1,645 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251015140203NAL0004760833001, received 2025-10-15 |
| Participants, end of year | 2,282 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251015140203NAL0004760833001, received 2025-10-15 |
| Participants with an account balance | 1,950 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015140203NAL0004760833001, received 2025-10-15 |
| Total assets, beginning of year | $141,842,904 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251015140203NAL0004760833001, received 2025-10-15 |
| Total assets, end of year | $157,389,669 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015140203NAL0004760833001, received 2025-10-15 |
| Net assets, end of year | $157,389,669 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251015140203NAL0004760833001, received 2025-10-15 |
| Total income | $35,438,488 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251015140203NAL0004760833001, received 2025-10-15 |
| Net income | $13,642,287 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251015140203NAL0004760833001, received 2025-10-15 |
| Employer contributions | $1,860,006 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015140203NAL0004760833001, received 2025-10-15 |
| Participant contributions | $12,403,592 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251015140203NAL0004760833001, received 2025-10-15 |
| Other contributions (incl. rollovers) | $1,564,265 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251015140203NAL0004760833001, received 2025-10-15 |
| Total contributions | $15,827,863 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015140203NAL0004760833001, received 2025-10-15 |
| Benefit payments | $21,557,327 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251015140203NAL0004760833001, received 2025-10-15 |
| Total expenses (incl. benefit payments) | $21,796,201 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251015140203NAL0004760833001, received 2025-10-15 |
| Total administrative expenses | $238,874 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015140203NAL0004760833001, received 2025-10-15 |
| Contract administrator fees | $122,554 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251015140203NAL0004760833001, received 2025-10-15 |
| Investment advisory and management fees | $116,320 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251015140203NAL0004760833001, received 2025-10-15 |
| Administrative expenses excluding investment management | $122,554 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015140203NAL0004760833001, received 2025-10-15 |
| Held in common/collective trusts | $115,974,920 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251015140203NAL0004760833001, received 2025-10-15 |
| Held in mutual funds | $38,598,596 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251015140203NAL0004760833001, received 2025-10-15 |
| Independent auditor | FORVIS MAZARS, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251015140203NAL0004760833001, received 2025-10-15 |
Position = column in the DOL layout for form year 2024. Filing 20251015140203NAL0004760833001, received 2025-10-15.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| JOHN HANCOCKrecordkeeper | RECORDKEEPER | 15 Recordkeeping and information management; 28 Investment management; 59 Shareholder servicing fees; 60 Sub-transfer agency fees; 62 Float revenue; 63 Distribution (12b-1) fees; 68 Soft dollars commissions | $135,621 | yes |
| PRINCIPAL SECURITIES | RIA | 26 Investment advisory (participants) | $103,253 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251015140203NAL0004760833001, received 2025-10-15.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $141,842,904 | $157,389,669 | 11.0% |
| Participants with a balance | 1,853 | 1,950 | 5.2% |
| Administrative expenses | $269,543 | $238,874 | -11.4% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $2,009,598 | $1,860,006 | -7.4% |
Prior filing 20241016162638NAL0015947987001, received 2024-10-16; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: NEW ERA TECHNOLOGY, INC.; SEC registrant: New Era Technology, Inc. (CIK 1701046, matched by EIN).