Employers › Pension Specialists › plan 005
Recordkeeping fees per participant · Retirement Group Pooled Employer Plan · plan year 2024
$23.45
Higher than 22% of the 14,075 plans $10 to 50M that report it.
= $13,486 / 575
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015080454NAL0004303265001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015080454NAL0004303265001, received 2025-10-15
Percentiles compare this plan with the Schedule H plans $10 to 50M 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
$73.57
Higher than 33% of the 24,371 plans $10 to 50M that report it.
= $42,302 / 575
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015080454NAL0004303265001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015080454NAL0004303265001, received 2025-10-15
Administrative expenses per participant
$112.93
Higher than 30% of the 25,098 plans $10 to 50M that report it.
= $64,937 / 575
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015080454NAL0004303265001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015080454NAL0004303265001, received 2025-10-15
Administrative expenses as a share of assets
0.477%
Higher than 79% of the 25,132 plans $10 to 50M that report it.
= $64,937 / $13,611,235
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015080454NAL0004303265001, received 2025-10-15
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015080454NAL0004303265001, received 2025-10-15
Employer contributions per participant
$2,406
Higher than 59% of the 24,050 plans $10 to 50M that report it.
= $1,383,182 / 575
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015080454NAL0004303265001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015080454NAL0004303265001, received 2025-10-15
Employer share of total contributions
32.2%
Higher than 66% of the 24,084 plans $10 to 50M that report it.
= $1,383,182 / $4,293,503
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015080454NAL0004303265001, received 2025-10-15
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015080454NAL0004303265001, received 2025-10-15
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 · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251015080454NAL0004303265001, received 2025-10-15
| Field | Value | Source |
|---|---|---|
| Plan sponsor | NEWPORT GROUP, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251015080454NAL0004303265001, received 2025-10-15 |
| Plan name | RETIREMENT GROUP POOLED EMPLOYER PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251015080454NAL0004303265001, received 2025-10-15 |
| Sponsor EIN / plan number | 27-2037969 / 005 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251015080454NAL0004303265001, received 2025-10-15 |
| Plan type | multiple-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251015080454NAL0004303265001, received 2025-10-15 |
| Sponsor location | FOLSOM, CA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251015080454NAL0004303265001, received 2025-10-15 |
| Industry (business code) | 541219, Professional, scientific, and technical services | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251015080454NAL0004303265001, 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 20251015080454NAL0004303265001, received 2025-10-15 |
| Filing received | 2025-10-15 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251015080454NAL0004303265001, received 2025-10-15 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251015080454NAL0004303265001, received 2025-10-15 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251015080454NAL0004303265001, received 2025-10-15 |
| Participants, beginning of year | 843 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251015080454NAL0004303265001, received 2025-10-15 |
| Active participants | 739 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251015080454NAL0004303265001, received 2025-10-15 |
| Participants, end of year | 791 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251015080454NAL0004303265001, received 2025-10-15 |
| Participants with an account balance | 575 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015080454NAL0004303265001, received 2025-10-15 |
| Total assets, beginning of year | $6,518,632 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251015080454NAL0004303265001, received 2025-10-15 |
| Total assets, end of year | $13,611,235 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015080454NAL0004303265001, received 2025-10-15 |
| Net assets, end of year | $13,611,235 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251015080454NAL0004303265001, received 2025-10-15 |
| Total income | $5,724,993 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251015080454NAL0004303265001, received 2025-10-15 |
| Net income | $5,026,693 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251015080454NAL0004303265001, received 2025-10-15 |
| Employer contributions | $1,383,182 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015080454NAL0004303265001, received 2025-10-15 |
| Participant contributions | $2,378,256 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251015080454NAL0004303265001, received 2025-10-15 |
| Other contributions (incl. rollovers) | $532,065 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251015080454NAL0004303265001, received 2025-10-15 |
| Total contributions | $4,293,503 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015080454NAL0004303265001, received 2025-10-15 |
| Benefit payments | $566,229 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251015080454NAL0004303265001, received 2025-10-15 |
| Total expenses (incl. benefit payments) | $698,300 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251015080454NAL0004303265001, received 2025-10-15 |
| Total administrative expenses | $64,937 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015080454NAL0004303265001, received 2025-10-15 |
| Contract administrator fees | $26,107 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251015080454NAL0004303265001, received 2025-10-15 |
| Recordkeeping fees | $13,486 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015080454NAL0004303265001, received 2025-10-15 |
| Investment advisory and management fees | $22,635 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251015080454NAL0004303265001, received 2025-10-15 |
| Administrative expenses excluding investment management | $42,302 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015080454NAL0004303265001, received 2025-10-15 |
| Held in mutual funds | $13,308,581 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251015080454NAL0004303265001, received 2025-10-15 |
| Independent auditor | CLIFTONLARSONALLEN LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251015080454NAL0004303265001, received 2025-10-15 |
Position = column in the DOL layout for form year 2024. Filing 20251015080454NAL0004303265001, 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 | $39,540 | yes |
| CORNERSTONE FINANCIAL SERVICES, INC | NONE | 27 Investment advisory (plan); 51 Investment management fees paid directly by plan | $22,635 | 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 20251015080454NAL0004303265001, received 2025-10-15.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $6,518,632 | $13,611,235 | 108.8% |
| Participants with a balance | 464 | 575 | 23.9% |
| Administrative expenses | not reported | $64,937 | |
| Recordkeeping fees per participant | not reported | $23.45 | |
| Employer contributions | $713,085 | $1,383,182 | 94.0% |
Prior filing 20241011175356NAL0023363441001, received 2024-10-11; the plan years are contiguous.