Newport Harbor Corporation Employees Retirement Savings Plan & Trust — Form 5500 plan (Newport Harbor Corporation)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Newport Harbor Corporation Employees Retirement Savings Plan & Trust is a benefit plan reported by Newport Harbor Corporation under EIN 05-0191225 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,065 participants and $10,142,730 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$10.1MPlan net assets, end of year$10,142,730
Participants1.1KCovered participants reported1,065
Assets / participant$9.5KComputed: assets ÷ participants$9,524 (computed)
Provider compensation$42.4K2 Schedule C provider row(s)$42,361
- Plan sponsor
- Newport Harbor Corporation
- EIN
- 05-0191225
- Plan number
- 002
- Plan type
- 2
- Location
- Warwick, RI
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,065 | H, C | 20241001110948NAL0011450064001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$10.1M total assets
Net assets$10.1MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $10,142,730
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,142,730
- Net assets (BOY)
- $7,399,895
Income & contributions
- Participant contributions
- $1,116,900
- Total contributions
- $1,406,027
- Total income / additions
- $3,014,674
Expenses & distributions
- Benefits paid
- $227,555
- Administrative expenses
- $44,284
- Total expenses
- $271,839
- Net increase / (decrease)
- $2,742,835
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
Total expenses ÷ net assets3%Computed ratio
Benefits paid ÷ total income8%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Newport Group, Inc. | RECORDKEEPER | $32,636 | $0 | 2023 |
| Global Retirement Partners | ADVISOR | $9,725 | not reported in the loaded dataset | 2023 |