Plan Ledger DOL Form 5500 · updated monthly

New-Com, Inc.Profit-sharing plan

NEW-COM, INC. EMPLOYEES PROFIT SHARING PLAN · LAS VEGAS, NV · plan year 2024

Reported admin expense ratio · 2024
0.26%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

New-Com, Inc. reported $47,512 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $14,700 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.256%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 132nd-largest of 437 plans among Nevada employers on file, and the 2,018th of 5,337 in construction.

Plan summary
Net assets, end of year$19,935,054
Participants with balances150
Active participants77
Employer contributions$1,131,868
Employee contributions—
Employer contribution per active participant$14,700
Average account balance$132,900
Benefits paid to participants$75,762
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.9M · 150 accts · $1.1M emplr
2023$17.2M · 146 accts · $1.1M emplr
2022$15.6M · 143 accts · $970K emplr
Administrative expenses, itemized · 2024
Investment management$47,512
Total administrative$47,512
Employer contributions to the New-Com, Inc. plan · 2024
Employer contribution per active participant$14,700
Median for plans this size$2,416
2024$14,700 per active participant
2023$13,159 per active participant
2022$11,828 per active participant

New-Com, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$47,512 · 0.26%
2023$43,957 · 0.27%
2022$44,570 · 0.26%
Similar plansConstruction · Nevada
Lumos & Associates, Inc. NV$21.8M · 0.26%
Q&D Construction LLC NV$18.9M · 0.00%
Power House Plastering NV$10.0M · 0.29%
Olympia Companies, LLC NV$9.8M · 0.35%
Robco Electric NV$9.6M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 880195236 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.