Newport Capital Group, LLC 401(K) Plan — Form 5500 plan (Newport Capital Group, LLC)
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 Capital Group, LLC 401(K) Plan is a benefit plan reported by Newport Capital Group, LLC under EIN 86-1109193 and plan number 001. The latest loaded filing year is 2023. The filing reports 24 participants and $3,122,770 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Newport Capital Group, LLC
- EIN
- 86-1109193
- Plan number
- 001
- Plan type
- 2
- Location
- Red Bank, NJ
- Latest filing year
- 2023
- Participants
- 24
- End-of-year plan assets
- $3,122,770
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 24 | I | 20240606080822NAL0021887857001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $3,122,770
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $3,122,770
- Net assets (BOY)
- $2,540,125
Income & contributions
- Employer contributions
- $70,160
- Participant contributions
- $217,939
- Total income / additions
- $734,754
Expenses & distributions
- Benefits paid
- $145,796
- Administrative expenses
- $6,313
- Total expenses
- $152,109
- Net increase / (decrease)
- $582,645
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.