Employers › Pension Specialists › plan 017
Recordkeeping fees per participant · Planmember Pooled Employer Plan · plan year 2024
$8.49
Higher than 7% of the 7,477 plans $1 to 10M that report it.
= $2,820 / 332
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015145816NAL0009895218001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015145816NAL0009895218001, received 2025-10-15
Percentiles compare this plan with the Schedule H plans $1 to 10M 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
$30.13
Higher than 22% of the 14,713 plans $1 to 10M that report it.
= $10,004 / 332
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015145816NAL0009895218001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015145816NAL0009895218001, received 2025-10-15
Administrative expenses per participant
$125.65
Higher than 43% of the 15,210 plans $1 to 10M that report it.
= $41,717 / 332
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015145816NAL0009895218001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015145816NAL0009895218001, received 2025-10-15
Administrative expenses as a share of assets
0.427%
Higher than 41% of the 15,243 plans $1 to 10M that report it.
= $41,717 / $9,762,825
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015145816NAL0009895218001, received 2025-10-15
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015145816NAL0009895218001, received 2025-10-15
Employer contributions per participant
$1,606
Higher than 60% of the 13,342 plans $1 to 10M that report it.
= $533,057 / 332
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015145816NAL0009895218001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015145816NAL0009895218001, received 2025-10-15
Employer share of total contributions
20.2%
Higher than 25% of the 13,370 plans $1 to 10M that report it.
= $533,057 / $2,639,431
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015145816NAL0009895218001, received 2025-10-15
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015145816NAL0009895218001, 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 20251015145816NAL0009895218001, received 2025-10-15
| Field | Value | Source |
|---|---|---|
| Plan sponsor | NEWPORT GROUP, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251015145816NAL0009895218001, received 2025-10-15 |
| Plan name | PLANMEMBER POOLED EMPLOYER PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251015145816NAL0009895218001, received 2025-10-15 |
| Sponsor EIN / plan number | 27-2037969 / 017 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251015145816NAL0009895218001, received 2025-10-15 |
| Plan type | multiple-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251015145816NAL0009895218001, received 2025-10-15 |
| Sponsor location | FOLSOM, CA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251015145816NAL0009895218001, received 2025-10-15 |
| Industry (business code) | 541219, Professional, scientific, and technical services | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251015145816NAL0009895218001, 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 20251015145816NAL0009895218001, received 2025-10-15 |
| Filing received | 2025-10-15 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251015145816NAL0009895218001, received 2025-10-15 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251015145816NAL0009895218001, received 2025-10-15 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251015145816NAL0009895218001, received 2025-10-15 |
| Participants, beginning of year | 452 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251015145816NAL0009895218001, received 2025-10-15 |
| Active participants | 390 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251015145816NAL0009895218001, received 2025-10-15 |
| Participants, end of year | 454 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251015145816NAL0009895218001, received 2025-10-15 |
| Participants with an account balance | 332 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015145816NAL0009895218001, received 2025-10-15 |
| Total assets, beginning of year | $6,122,052 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251015145816NAL0009895218001, received 2025-10-15 |
| Total assets, end of year | $9,762,825 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015145816NAL0009895218001, received 2025-10-15 |
| Net assets, end of year | $9,762,825 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251015145816NAL0009895218001, received 2025-10-15 |
| Total income | $3,426,842 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251015145816NAL0009895218001, received 2025-10-15 |
| Net income | $3,103,231 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251015145816NAL0009895218001, received 2025-10-15 |
| Employer contributions | $533,057 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015145816NAL0009895218001, received 2025-10-15 |
| Participant contributions | $1,353,133 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251015145816NAL0009895218001, received 2025-10-15 |
| Other contributions (incl. rollovers) | $753,241 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251015145816NAL0009895218001, received 2025-10-15 |
| Total contributions | $2,639,431 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015145816NAL0009895218001, received 2025-10-15 |
| Benefit payments | $266,600 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251015145816NAL0009895218001, received 2025-10-15 |
| Total expenses (incl. benefit payments) | $323,611 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251015145816NAL0009895218001, received 2025-10-15 |
| Total administrative expenses | $41,717 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015145816NAL0009895218001, received 2025-10-15 |
| Contract administrator fees | $5,874 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251015145816NAL0009895218001, received 2025-10-15 |
| Recordkeeping fees | $2,820 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015145816NAL0009895218001, received 2025-10-15 |
| Investment advisory and management fees | $31,713 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251015145816NAL0009895218001, received 2025-10-15 |
| Administrative expenses excluding investment management | $10,004 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015145816NAL0009895218001, received 2025-10-15 |
| Held in common/collective trusts | $144,280 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251015145816NAL0009895218001, received 2025-10-15 |
| Held in mutual funds | $9,507,944 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251015145816NAL0009895218001, received 2025-10-15 |
| Independent auditor | CLIFTONLARSONALLEN LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251015145816NAL0009895218001, received 2025-10-15 |
Position = column in the DOL layout for form year 2024. Filing 20251015145816NAL0009895218001, received 2025-10-15.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| PLANMEMBER FINANCIAL CORPORATION | NONE | 27 Investment advisory (plan); 51 Investment management fees paid directly by plan | $31,713 | 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 | $8,694 | 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 20251015145816NAL0009895218001, received 2025-10-15.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $6,122,052 | $9,762,825 | 59.5% |
| Participants with a balance | 175 | 332 | 89.7% |
| Administrative expenses | $28,571 | $41,717 | 46.0% |
| Recordkeeping fees per participant | not reported | $8.49 | |
| Employer contributions | $415,720 | $533,057 | 28.2% |
Prior filing 20241011180332NAL0023381649001, received 2024-10-11; the plan years are contiguous.