Newbasis, LLC401(k)
NEWBASIS, LLC SAVINGS AND RETIREMENT PLAN AND TRUST · RIVERSIDE, CA · plan year 2019
Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works
Newbasis, LLC reported $2,925 in plan administrative expenses for 2019: 0.08% of average plan assets, below the peer median. Employer contributions averaged $899 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 2 years on file its reported administrative ratio fell from 0.07% to 0.05%. The plan sits in the $1M–$10M size bracket, benchmarked here against 238 comparable plans and shown alongside other management of companies employers. By assets it is among the smaller plans on file in California (7,428th of 9,483), and 674th of 786 in management of companies. In 2019, employees put in $1.96 for every $1.00 the employer contributed.
Newbasis, LLC's 2019 employer contribution ran above the $892 median for plans its size. 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.
Annual cost at the plan's reported 2019 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 680448508 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.