Employers › Pension Specialists › plan 002
Recordkeeping fees per participant · Ascensus Secure Retirement Pooled Employer Plan · plan year 2024
$28.32
Higher than 23% of the 5,847 plans $50 to 250M that report it.
= $196,007 / 6,922
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015074552NAL0003999185001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015074552NAL0003999185001, 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.
Administrative expenses excluding investment management, per participant
$73.68
Higher than 37% of the 8,758 plans $50 to 250M that report it.
= $510,012 / 6,922
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015074552NAL0003999185001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015074552NAL0003999185001, received 2025-10-15
Administrative expenses per participant
$180.67
Higher than 66% of the 9,042 plans $50 to 250M that report it.
= $1,250,612 / 6,922
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015074552NAL0003999185001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015074552NAL0003999185001, received 2025-10-15
Administrative expenses as a share of assets
0.608%
Higher than 99% of the 9,049 plans $50 to 250M that report it.
= $1,250,612 / $205,589,355
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015074552NAL0003999185001, received 2025-10-15
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015074552NAL0003999185001, received 2025-10-15
Employer contributions per participant
$1,541
Higher than 21% of the 9,105 plans $50 to 250M that report it.
= $10,668,062 / 6,922
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015074552NAL0003999185001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015074552NAL0003999185001, received 2025-10-15
Employer share of total contributions
24.7%
Higher than 34% of the 9,112 plans $50 to 250M that report it.
= $10,668,062 / $43,126,999
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015074552NAL0003999185001, received 2025-10-15
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015074552NAL0003999185001, received 2025-10-15
2A age/service-weighted · 2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 2W · 3B · 3D IRS pre-approved plan · 3F · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251015074552NAL0003999185001, received 2025-10-15
| Field | Value | Source |
|---|---|---|
| Plan sponsor | NEWPORT GROUP, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251015074552NAL0003999185001, received 2025-10-15 |
| Plan name | ASCENSUS SECURE RETIREMENT POOLED EMPLOYER PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251015074552NAL0003999185001, received 2025-10-15 |
| Sponsor EIN / plan number | 27-2037969 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251015074552NAL0003999185001, received 2025-10-15 |
| Plan type | multiple-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251015074552NAL0003999185001, received 2025-10-15 |
| Sponsor location | FOLSOM, CA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251015074552NAL0003999185001, received 2025-10-15 |
| Industry (business code) | 541219, Professional, scientific, and technical services | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251015074552NAL0003999185001, 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 20251015074552NAL0003999185001, received 2025-10-15 |
| Filing received | 2025-10-15 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251015074552NAL0003999185001, received 2025-10-15 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251015074552NAL0003999185001, received 2025-10-15 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251015074552NAL0003999185001, received 2025-10-15 |
| Participants, beginning of year | 11,437 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251015074552NAL0003999185001, received 2025-10-15 |
| Active participants | 11,059 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251015074552NAL0003999185001, received 2025-10-15 |
| Participants, end of year | 12,631 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251015074552NAL0003999185001, received 2025-10-15 |
| Participants with an account balance | 6,922 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015074552NAL0003999185001, received 2025-10-15 |
| Total assets, beginning of year | $130,431,820 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251015074552NAL0003999185001, received 2025-10-15 |
| Total assets, end of year | $205,589,355 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015074552NAL0003999185001, received 2025-10-15 |
| Net assets, end of year | $205,589,355 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251015074552NAL0003999185001, received 2025-10-15 |
| Total income | $65,521,229 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251015074552NAL0003999185001, received 2025-10-15 |
| Net income | $50,630,411 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251015074552NAL0003999185001, received 2025-10-15 |
| Employer contributions | $10,668,062 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015074552NAL0003999185001, received 2025-10-15 |
| Participant contributions | $26,999,774 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251015074552NAL0003999185001, received 2025-10-15 |
| Other contributions (incl. rollovers) | $5,459,163 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251015074552NAL0003999185001, received 2025-10-15 |
| Total contributions | $43,126,999 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015074552NAL0003999185001, received 2025-10-15 |
| Benefit payments | $13,506,646 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251015074552NAL0003999185001, received 2025-10-15 |
| Total expenses (incl. benefit payments) | $14,890,818 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251015074552NAL0003999185001, received 2025-10-15 |
| Total administrative expenses | $1,250,612 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015074552NAL0003999185001, received 2025-10-15 |
| Contract administrator fees | $274,224 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251015074552NAL0003999185001, received 2025-10-15 |
| Recordkeeping fees | $196,007 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015074552NAL0003999185001, received 2025-10-15 |
| Investment advisory and management fees | $740,600 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251015074552NAL0003999185001, received 2025-10-15 |
| Administrative expenses excluding investment management | $510,012 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015074552NAL0003999185001, received 2025-10-15 |
| Held in common/collective trusts | $2,192,659 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251015074552NAL0003999185001, received 2025-10-15 |
| Held in mutual funds | $200,037,492 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251015074552NAL0003999185001, received 2025-10-15 |
| Independent auditor | CLIFTONLARSONALLEN LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251015074552NAL0003999185001, received 2025-10-15 |
Position = column in the DOL layout for form year 2024. Filing 20251015074552NAL0003999185001, received 2025-10-15.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| NEWPORT GROUP, INC.recordkeeper | PLAN SPONSOR | 12 Claims processing; 13 Contract administrator; 14 Plan administrator; 31 Named fiduciary; 37 Participant loan processing; 38 Participant communication; 50 Direct payment from the plan; 64 Recordkeeping fees; 65 Account maintenance fees; 27 Investment advisory (plan) | $675,178 | yes |
| LPL FINANCIAL | NONE | 27 Investment advisory (plan); 51 Investment management fees paid directly by plan | $159,048 | no |
| NEWPORT GROUP CONSULTING, LLC | AFFILIATE | 26 Investment advisory (participants); 27 Investment advisory (plan); 50 Direct payment from the plan; 51 Investment management fees paid directly by plan | $40,599 | no |
| NEWPORT TRUST COMPANY | AFFILIATE | 21 Trustee (bank, trust company or similar); 25 Trustee (directed); 50 Direct payment from the plan; 62 Float revenue | $39,781 | yes |
| J.M. ARBOUR WEALTH MANAGEMENT | NONE | 27 Investment advisory (plan); 51 Investment management fees paid directly by plan | $31,071 | no |
| WINTRUST RETIREMENT BENEFIT ADVISOR | NONE | 27 Investment advisory (plan); 51 Investment management fees paid directly by plan | $24,936 | no |
| CADENCE BANK | NONE | 27 Investment advisory (plan); 51 Investment management fees paid directly by plan | $24,376 | no |
| TRACTION FINANCIAL PARTNERS | NONE | 27 Investment advisory (plan); 51 Investment management fees paid directly by plan | $18,970 | no |
| BLAKESLEE AND BLAKESLEE FINANCIAL A | NONE | 27 Investment advisory (plan); 51 Investment management fees paid directly by plan | $18,269 | no |
| COMMONWEALTH FINANCIAL NETWORK | NONE | 27 Investment advisory (plan); 51 Investment management fees paid directly by plan | $16,714 | no |
| ASSUREDPARTNERS INVESTMENT ADVISORS | NONE | 27 Investment advisory (plan); 51 Investment management fees paid directly by plan | $16,579 | no |
| NAPLES ASSET MANAGEMENT COMPANY, LL | NONE | 27 Investment advisory (plan); 51 Investment management fees paid directly by plan | $15,341 | no |
| NOTE ADVISORS, LLC | NONE | 27 Investment advisory (plan); 51 Investment management fees paid directly by plan | $13,661 | no |
| SUCCESSFUL RETIREMENT SOLUTIONS,LLC | NONE | 27 Investment advisory (plan); 51 Investment management fees paid directly by plan | $13,430 | no |
| WHARTONHILL ADVISORS, LLC | NONE | 27 Investment advisory (plan); 51 Investment management fees paid directly by plan | $13,197 | no |
| QUANTUM FINANCIAL ADVISORS | NONE | 27 Investment advisory (plan); 51 Investment management fees paid directly by plan | $12,400 | no |
| ROBERTSON RYAN FINANCIAL SERVICES | NONE | 27 Investment advisory (plan); 51 Investment management fees paid directly by plan | $10,546 | no |
| J.W. COLE ADVISORS, INC. | NONE | 27 Investment advisory (plan); 51 Investment management fees paid directly by plan | $8,313 | no |
| RBC WEALTH MANAGEMENT | NONE | 27 Investment advisory (plan); 51 Investment management fees paid directly by plan | $7,686 | no |
| LEGACY WEALTH PARTNERS | NONE | 27 Investment advisory (plan); 51 Investment management fees paid directly by plan | $7,411 | no |
| MCADAM, LLC | NONE | 27 Investment advisory (plan); 51 Investment management fees paid directly by plan | $7,025 | no |
| THE BEACON GROUP OF COMPANIES | NONE | 27 Investment advisory (plan); 51 Investment management fees paid directly by plan | $6,977 | no |
| INTEGRITY WEALTH ADVISORS | NONE | 27 Investment advisory (plan); 51 Investment management fees paid directly by plan | $6,715 | no |
| WARREN CAPITAL GROUP | NONE | 27 Investment advisory (plan); 51 Investment management fees paid directly by plan | $6,478 | no |
| FORTUNE 360 GROUP, LLC | NONE | 27 Investment advisory (plan); 51 Investment management fees paid directly by plan | $5,648 | 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 20251015074552NAL0003999185001, received 2025-10-15.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $130,431,820 | $205,589,355 | 57.6% |
| Participants with a balance | 4,441 | 6,922 | 55.9% |
| Administrative expenses | $622,529 | $1,250,612 | 100.9% |
| Recordkeeping fees per participant | $43.40 | $28.32 | -34.7% |
| Employer contributions | $6,786,649 | $10,668,062 | 57.2% |
Prior filing 20241014104830NAL0014791091001, received 2024-10-14; the plan years are contiguous.