Plan5500

Truecourse 401(K) 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, Truecourse 401(K) Pooled Employer Plan is a benefit plan reported by Newport Group, Inc. under EIN 27-2037969 and plan number 018. The latest loaded filing year is 2023. The filing reports 1,250 participants and $15,843,566 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
018
Plan type
3
Location
Folsom, CA
Latest filing year
2023
Participants
1,250
End-of-year plan assets
$15,843,566

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,250H, C20241014105822NAL0025986417001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$15,843,566
Total liabilities (EOY)
$0
Net assets (EOY)
$15,843,566
Net assets (BOY)
$10,033,735

Income & contributions

Employer contributions
$1,201,567
Participant contributions
$2,720,353
Total contributions
$4,098,375
Total income / additions
$6,188,758

Expenses & distributions

Benefits paid
$1,472,442
Administrative expenses
$96,376
Total expenses
$1,586,782
Net increase / (decrease)
$4,601,976

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Newport Group, Inc.PLAN SPONSOR$57,571$02023
Visionpoint Advisory Group, LLCNONE$36,036not reported in the loaded dataset2023

Related Form 5500 pages