2023 Form 5500 filing — Newport Capital Group, LLC 401(K) Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240606080822NAL0021887857001) for Newport Capital Group, LLC 401(K) Plan, reported by Newport Capital Group, LLC under EIN 86-1109193 and plan number 001. It reports 24 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).
- EFAST2 acknowledgement
- 20240606080822NAL0021887857001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Newport Capital Group, LLC
- EIN
- 86-1109193
- Plan number
- 001
- Location
- Red Bank, NJ
- Participants
- 24
- Schedules available
- Schedule I
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $3,122,770
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $3,122,770
- Employer contributions
- $70,160
- Participant contributions
- $217,939
- Total income / additions
- $734,754
- Benefits paid
- $145,796
- Administrative expenses
- $6,313
- Total expenses
- $152,109
- Net increase / (decrease)
- $582,645
- Schedule source
- Schedule I