2023 Form 5500 filing — Newport Sand & Gravel Co., Inc. 401(K) Profit Sharing Plan & Trust
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 20240918134152NAL0002608643001) for Newport Sand & Gravel Co., Inc. 401(K) Profit Sharing Plan & Trust, reported by Newport Sand & Gravel Co., Inc. under EIN 02-0244802 and plan number 001. It reports 225 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240918134152NAL0002608643001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Newport Sand & Gravel Co., Inc.
- EIN
- 02-0244802
- Plan number
- 001
- Location
- Newport, NH
- Participants
- 225
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $12,515,369
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $12,515,369
- Employer contributions
- $369,833
- Participant contributions
- $667,259
- Total income / additions
- $2,868,366
- Benefits paid
- $684,407
- Administrative expenses
- $14,535
- Total expenses
- $698,942
- Net increase / (decrease)
- $2,169,424
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| 7300 Wealth Management LLC | ADVISOR/INVESTMENT ADV | $11,951 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $1,803 | $0 |