Plan Ledger DOL Form 5500 · updated monthly

Newcomb Spring Corp.401(k)

NEWCOMB SPRING CORP. RETIREMENT PLAN · ALPHARETTA, GA · plan year 2023

Reported admin expense ratio · 2023
0.15%

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

Newcomb Spring Corp. reported $30,991 in plan administrative expenses for 2023: 0.15% of average plan assets, below the peer median. Employer contributions averaged $2,494 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 0.21% to 0.15%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 818th-largest of 2,160 plans among Georgia employers on file, and the 5,565th of 13,661 in manufacturing. In 2023, employees put in $1.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,025,841
Participants with balances207
Active participants182
Employer contributions$453,861
Employee contributions$892,671
Employer contribution per active participant$2,494
Average account balance$106,405
Benefits paid to participants$1,796,611
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.4M · 198 accts · $460K emplr
2023$22.0M · 207 accts · $454K emplr
2022$18.1M · 203 accts · $488K emplr
Administrative expenses, itemized · 2023
Investment management$39,647
Total administrative$30,991
The Newcomb Spring Corp. 401(k) match · 2023
Employer contribution per active participant$2,494
Median for plans this size$2,440
2024$2,674 per active participant
2023$2,494 per active participant
2022$2,786 per active participant

Newcomb Spring Corp.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
REGENT PEAK WEALTH ADVISORS · Investment advisory (plan)$20,766
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$18,881
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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

Administrative cost history3
2024$30,966 · 0.15%
2023$30,991 · 0.15%
2022$37,237 · 0.21%
Same employer
Similar plansManufacturing · Georgia
Belt Power, LLC GA$23.6M · 0.10%
Glock, Inc. GA$23.4M · 0.49%
Tip Top Poultry, Inc. GA$22.3M · 0.58%
Sigvaris, Inc. GA$22.1M · 0.46%
Dustex LLC GA$21.5M · 0.37%
Formetco, Incorporated GA$21.5M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060672947 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.