Employers › Pension Specialists › plan 014
Recordkeeping fees per participant · Advisor Managed Pooled Employer Plan · plan year 2024
$16.74
Higher than 17% of the 14,075 plans $10 to 50M that report it.
= $10,763 / 643
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251010125826NAL0008190241001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010125826NAL0008190241001, received 2025-10-10
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 2025-10-10.
Administrative expenses excluding investment management, per participant
$110.81
Higher than 47% of the 24,371 plans $10 to 50M that report it.
= $71,250 / 643
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251010125826NAL0008190241001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010125826NAL0008190241001, received 2025-10-10
Administrative expenses per participant
$295.54
Higher than 71% of the 25,098 plans $10 to 50M that report it.
= $190,033 / 643
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251010125826NAL0008190241001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010125826NAL0008190241001, received 2025-10-10
Administrative expenses as a share of assets
0.449%
Higher than 76% of the 25,132 plans $10 to 50M that report it.
= $190,033 / $42,330,068
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251010125826NAL0008190241001, received 2025-10-10
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251010125826NAL0008190241001, received 2025-10-10
Employer contributions per participant
$2,321
Higher than 57% of the 24,050 plans $10 to 50M that report it.
= $1,492,357 / 643
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251010125826NAL0008190241001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010125826NAL0008190241001, received 2025-10-10
Employer share of total contributions
27.3%
Higher than 48% of the 24,084 plans $10 to 50M that report it.
= $1,492,357 / $5,473,348
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251010125826NAL0008190241001, received 2025-10-10
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251010125826NAL0008190241001, received 2025-10-10
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 20251010125826NAL0008190241001, received 2025-10-10
| Field | Value | Source |
|---|---|---|
| Plan sponsor | NEWPORT GROUP, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251010125826NAL0008190241001, received 2025-10-10 |
| Plan name | ADVISOR MANAGED POOLED EMPLOYER PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251010125826NAL0008190241001, received 2025-10-10 |
| Sponsor EIN / plan number | 27-2037969 / 014 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251010125826NAL0008190241001, received 2025-10-10 |
| Plan type | multiple-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251010125826NAL0008190241001, received 2025-10-10 |
| Sponsor location | FOLSOM, CA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251010125826NAL0008190241001, received 2025-10-10 |
| Industry (business code) | 541219, Professional, scientific, and technical services | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251010125826NAL0008190241001, received 2025-10-10 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251010125826NAL0008190241001, received 2025-10-10 |
| Filing received | 2025-10-10 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251010125826NAL0008190241001, received 2025-10-10 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251010125826NAL0008190241001, received 2025-10-10 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251010125826NAL0008190241001, received 2025-10-10 |
| Participants, beginning of year | 1,340 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251010125826NAL0008190241001, received 2025-10-10 |
| Active participants | 1,320 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251010125826NAL0008190241001, received 2025-10-10 |
| Participants, end of year | 1,458 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251010125826NAL0008190241001, received 2025-10-10 |
| Participants with an account balance | 643 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010125826NAL0008190241001, received 2025-10-10 |
| Total assets, beginning of year | $39,658,989 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251010125826NAL0008190241001, received 2025-10-10 |
| Total assets, end of year | $42,330,068 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251010125826NAL0008190241001, received 2025-10-10 |
| Net assets, end of year | $42,330,068 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251010125826NAL0008190241001, received 2025-10-10 |
| Total income | $11,140,216 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251010125826NAL0008190241001, received 2025-10-10 |
| Net income | $7,154,475 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251010125826NAL0008190241001, received 2025-10-10 |
| Employer contributions | $1,492,357 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251010125826NAL0008190241001, received 2025-10-10 |
| Participant contributions | $3,764,344 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251010125826NAL0008190241001, received 2025-10-10 |
| Other contributions (incl. rollovers) | $216,647 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251010125826NAL0008190241001, received 2025-10-10 |
| Total contributions | $5,473,348 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251010125826NAL0008190241001, received 2025-10-10 |
| Benefit payments | $3,793,328 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251010125826NAL0008190241001, received 2025-10-10 |
| Total expenses (incl. benefit payments) | $3,985,741 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251010125826NAL0008190241001, received 2025-10-10 |
| Total administrative expenses | $190,033 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251010125826NAL0008190241001, received 2025-10-10 |
| Contract administrator fees | $55,127 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251010125826NAL0008190241001, received 2025-10-10 |
| Recordkeeping fees | $10,763 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251010125826NAL0008190241001, received 2025-10-10 |
| Investment advisory and management fees | $118,783 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251010125826NAL0008190241001, received 2025-10-10 |
| Administrative expenses excluding investment management | $71,250 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251010125826NAL0008190241001, received 2025-10-10 |
| Held in mutual funds | $42,244,496 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251010125826NAL0008190241001, received 2025-10-10 |
| Independent auditor | CLIFTONLARSONALLEN LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251010125826NAL0008190241001, received 2025-10-10 |
Position = column in the DOL layout for form year 2024. Filing 20251010125826NAL0008190241001, received 2025-10-10.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| UBS FINANCIAL SERVICES INC. | NONE | 27 Investment advisory (plan); 51 Investment management fees paid directly by plan | $116,936 | no |
| 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 | $67,737 | yes |
| NEWPORT TRUST COMPANY | AFFILIATE | 21 Trustee (bank, trust company or similar); 25 Trustee (directed); 50 Direct payment from the plan; 62 Float revenue | $5,360 | yes |
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 20251010125826NAL0008190241001, received 2025-10-10.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $39,658,989 | $42,330,068 | 6.7% |
| Participants with a balance | 652 | 643 | -1.4% |
| Administrative expenses | $141,936 | $190,033 | 33.9% |
| Recordkeeping fees per participant | $16.86 | $16.74 | -0.7% |
| Employer contributions | $1,466,136 | $1,492,357 | 1.8% |
Prior filing 20241007114702NAL0015115553001, received 2024-10-07; the plan years are contiguous.