Plan Ledger DOL Form 5500 · updated monthly

Newco Distributors, Inc.401(k)

NEWCO DISTRIBUTORS, INC. RETIREMENT PLAN · RANCHO CUCAMONGA, CA · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Newco Distributors, Inc. reported $36,440 in plan administrative expenses for 2024: 0.44% of average plan assets, below the peer median. Employer contributions averaged $2,027 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 5 years on file its reported administrative ratio fell from 1.11% to 0.44%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in California (5,686th of 9,483), and 473rd of 945 in agriculture, forestry & fishing. In 2024, employees put in $2.36 for every $1.00 the employer contributed; active participation has grown from 94 to 124 since 2019.

Plan summary
Net assets, end of year$9,212,941
Participants with balances131
Active participants124
Employer contributions$251,379
Employee contributions$592,788
Employer contribution per active participant$2,027
Average account balance$70,328
Benefits paid to participants$220,594
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2024$9.2M · 131 accts · $251K emplr
2023$7.3M · 121 accts · $260K emplr
2022$5.7M · 160 accts · $258K emplr
2019$4.3M · 133 accts · $133K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,180
Investment management$21,529
Total administrative$36,440
The Newco Distributors, Inc. 401(k) match · 2024
Employer contribution per active participant$2,027
Median for plans this size$1,313
2024$2,027 per active participant
2023$2,079 per active participant
2022$2,170 per active participant
2019$1,416 per active participant

Newco Distributors, Inc.'s 2024 employer contribution ran above the $1,313 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.

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.

Service providers · 20242
LPL FINANCIAL CORPORATION RPCP · Recordkeeping · Trustee$21,528
ADP, INC. · Recordkeeping$14,179

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP, LPL Financial
2023Vanguard

This plan has changed recordkeepers within these filings. If you left Newco Distributors, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2024$36,440 · 0.44%
2023$52,314 · 0.81%
2022$33,806 · 0.57%
2019$41,854 · 1.11%
Same employer
Similar plansAgriculture, Forestry & Fishing · California
Gresser, Inc. CA$10.1M · 0.63%
Plant Sciences, Inc. CA$9.9M · 0.84%
Rivermaid Trading Company CA$9.4M · 0.48%
Pitman Farms, Inc. CA$9.4M · 0.49%
Sierra Gold Nurseries Inc CA$8.9M · 0.28%
Monterey Pacific, Inc. CA$8.9M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330407040 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.