Employers › Pension Specialists › plan 019
Recordkeeping fees per participant · Buckingham Strategic Partners Pooled Employer Plan · plan year 2024
$25.39
Higher than 21% of the 5,847 plans $50 to 250M that report it.
= $24,576 / 968
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251010130439NAL0008196865001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010130439NAL0008196865001, received 2025-10-10
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 2025-10-10.
Administrative expenses excluding investment management, per participant
$101.78
Higher than 55% of the 8,758 plans $50 to 250M that report it.
= $98,525 / 968
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251010130439NAL0008196865001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010130439NAL0008196865001, received 2025-10-10
Administrative expenses per participant
$463.98
Higher than 94% of the 9,042 plans $50 to 250M that report it.
= $449,135 / 968
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251010130439NAL0008196865001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010130439NAL0008196865001, received 2025-10-10
Administrative expenses as a share of assets
0.521%
Higher than 97% of the 9,049 plans $50 to 250M that report it.
= $449,135 / $86,238,969
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251010130439NAL0008196865001, received 2025-10-10
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251010130439NAL0008196865001, received 2025-10-10
Employer contributions per participant
$3,240
Higher than 59% of the 9,105 plans $50 to 250M that report it.
= $3,136,687 / 968
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251010130439NAL0008196865001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010130439NAL0008196865001, received 2025-10-10
Employer share of total contributions
28.6%
Higher than 47% of the 9,112 plans $50 to 250M that report it.
= $3,136,687 / $10,949,690
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251010130439NAL0008196865001, received 2025-10-10
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251010130439NAL0008196865001, 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 · 2R participant brokerage window · 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 20251010130439NAL0008196865001, received 2025-10-10
| Field | Value | Source |
|---|---|---|
| Plan sponsor | NEWPORT GROUP, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251010130439NAL0008196865001, received 2025-10-10 |
| Plan name | BUCKINGHAM STRATEGIC PARTNERS POOLED EMPLOYER PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251010130439NAL0008196865001, received 2025-10-10 |
| Sponsor EIN / plan number | 27-2037969 / 019 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251010130439NAL0008196865001, received 2025-10-10 |
| Plan type | multiple-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251010130439NAL0008196865001, received 2025-10-10 |
| Sponsor location | FOLSOM, CA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251010130439NAL0008196865001, received 2025-10-10 |
| Industry (business code) | 541219, Professional, scientific, and technical services | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251010130439NAL0008196865001, 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 20251010130439NAL0008196865001, received 2025-10-10 |
| Filing received | 2025-10-10 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251010130439NAL0008196865001, received 2025-10-10 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251010130439NAL0008196865001, received 2025-10-10 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251010130439NAL0008196865001, received 2025-10-10 |
| Participants, beginning of year | 1,293 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251010130439NAL0008196865001, received 2025-10-10 |
| Active participants | 1,072 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251010130439NAL0008196865001, received 2025-10-10 |
| Participants, end of year | 1,278 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251010130439NAL0008196865001, received 2025-10-10 |
| Participants with an account balance | 968 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010130439NAL0008196865001, received 2025-10-10 |
| Total assets, beginning of year | $56,935,222 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251010130439NAL0008196865001, received 2025-10-10 |
| Total assets, end of year | $86,238,969 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251010130439NAL0008196865001, received 2025-10-10 |
| Net assets, end of year | $86,238,969 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251010130439NAL0008196865001, received 2025-10-10 |
| Total income | $19,271,197 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251010130439NAL0008196865001, received 2025-10-10 |
| Net income | $13,968,782 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251010130439NAL0008196865001, received 2025-10-10 |
| Employer contributions | $3,136,687 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251010130439NAL0008196865001, received 2025-10-10 |
| Participant contributions | $4,774,705 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251010130439NAL0008196865001, received 2025-10-10 |
| Other contributions (incl. rollovers) | $3,038,298 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251010130439NAL0008196865001, received 2025-10-10 |
| Total contributions | $10,949,690 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251010130439NAL0008196865001, received 2025-10-10 |
| Benefit payments | $4,850,707 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251010130439NAL0008196865001, received 2025-10-10 |
| Total expenses (incl. benefit payments) | $5,302,415 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251010130439NAL0008196865001, received 2025-10-10 |
| Total administrative expenses | $449,135 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251010130439NAL0008196865001, received 2025-10-10 |
| Contract administrator fees | $58,988 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251010130439NAL0008196865001, received 2025-10-10 |
| Recordkeeping fees | $24,576 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251010130439NAL0008196865001, received 2025-10-10 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251010130439NAL0008196865001, received 2025-10-10 |
| Investment advisory and management fees | $350,610 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251010130439NAL0008196865001, received 2025-10-10 |
| Administrative expenses excluding investment management | $98,525 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251010130439NAL0008196865001, received 2025-10-10 |
| Held in mutual funds | $78,647,428 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251010130439NAL0008196865001, received 2025-10-10 |
| Independent auditor | CLIFTONLARSONALLEN LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251010130439NAL0008196865001, received 2025-10-10 |
Position = column in the DOL layout for form year 2024. Filing 20251010130439NAL0008196865001, received 2025-10-10.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| BUCKINGHAM RETIREMENT SOLUTIONS | NONE | 27 Investment advisory (plan); 51 Investment management fees paid directly by plan | $350,610 | no |
| NEWPORT GROUP, INC.recordkeeper | PLAN SPOSNSOR | 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 | $83,564 | yes |
| NEWPORT TRUST COMPANY | AFFILIATE | 21 Trustee (bank, trust company or similar); 25 Trustee (directed); 50 Direct payment from the plan; 62 Float revenue | $14,961 | 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 20251010130439NAL0008196865001, received 2025-10-10.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $56,935,222 | $86,238,969 | 51.5% |
| Participants with a balance | 718 | 968 | 34.8% |
| Administrative expenses | $215,491 | $449,135 | 108.4% |
| Recordkeeping fees per participant | $2.60 | $25.39 | 875.3% |
| Employer contributions | $2,182,103 | $3,136,687 | 43.7% |
Prior filing 20241009225630NAL0009598771001, received 2024-10-09; the plan years are contiguous.