Ascensus Secure Retirement Pooled Employer Plan — Form 5500 plan (Newport Group, Inc.)
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, Ascensus Secure Retirement Pooled Employer Plan is a benefit plan reported by Newport Group, Inc. under EIN 27-2037969 and plan number 002. The latest loaded filing year is 2023. The filing reports 7,207 participants and $130,431,820 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Newport Group, Inc.
- EIN
- 27-2037969
- Plan number
- 002
- Plan type
- 3
- Location
- Folsom, CA
- Latest filing year
- 2023
- Participants
- 7,207
- End-of-year plan assets
- $130,431,820
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 7,207 | H, C | 20241014104830NAL0014791091001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $130,431,820
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $130,431,820
- Net assets (BOY)
- $48,827,765
Income & contributions
- Employer contributions
- $6,786,649
- Participant contributions
- $17,257,956
- Total contributions
- $26,499,154
- Total income / additions
- $42,200,682
Expenses & distributions
- Benefits paid
- $7,484,014
- Administrative expenses
- $622,529
- Total expenses
- $8,165,110
- Net increase / (decrease)
- $34,035,572
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Newport Group, Inc. | PLAN SPONSOR | $355,480 | $0 | 2023 |
| Lpl Financial | NONE | $102,919 | not reported in the loaded dataset | 2023 |
| Newport Group Consulting, LLC | AFFILIATE | $19,175 | not reported in the loaded dataset | 2023 |
| Newport Trust Company | AFFILIATE | $18,362 | $0 | 2023 |
| Traction Financial Partners | NONE | $16,961 | not reported in the loaded dataset | 2023 |
| Commonwealth Financial Network | NONE | $12,512 | not reported in the loaded dataset | 2023 |
| Fortune 360 Group, LLC | NONE | $11,328 | not reported in the loaded dataset | 2023 |
| Blakeslee And Blakeslee Financial A | NONE | $11,215 | not reported in the loaded dataset | 2023 |
| Naples Asset Management Company, Ll | NONE | $11,144 | not reported in the loaded dataset | 2023 |
| Whartonhill Advisors, LLC | NONE | $10,511 | not reported in the loaded dataset | 2023 |
| Quantum Financial Advisors | NONE | $6,633 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Newport Group, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in CA
- 401(k) and benefit plan filings in Folsom, CA
- Newport Group, Inc. — Schedule C compensation
- Lpl Financial — Schedule C compensation
- Newport Group Consulting, LLC — Schedule C compensation
- Newport Trust Company — Schedule C compensation
- Traction Financial Partners — Schedule C compensation
- Commonwealth Financial Network — Schedule C compensation
- Fortune 360 Group, LLC — Schedule C compensation
- Blakeslee And Blakeslee Financial A — Schedule C compensation
- Naples Asset Management Company, Ll — Schedule C compensation
- Whartonhill Advisors, LLC — Schedule C compensation
- Quantum Financial Advisors — Schedule C compensation