Plan Ledger DOL Form 5500 · updated monthly

Newlight Technologies Inc401(k)

NEWLIGHT TECHNOLOGIES INC 401K PROFIT SHARING PLAN AND TRU · HUNTINGTON BEACH, CA · plan year 2024

Reported admin expense ratio · 2024
0.14%

Newlight Technologies Inc reported $6,453 in plan administrative expenses for 2024: 0.14% of average plan assets, lower than ~75% of peers. 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 rose from 0.11% to 0.14%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (7,131st of 9,483), and 11,408th of 13,661 in manufacturing. active participation has shrunk from 186 to 140 since 2022.

Plan summary
Net assets, end of year$4,622,709
Participants with balances158
Active participants140
Employer contributions—
Employee contributions$928,740
Employer contribution per active participant—
Average account balance$29,258
Benefits paid to participants$1,309,179
Plan auditUnmodified (clean) audit opinion
AuditorCAMBALIZA MCGEE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$4.6M · 158 accts
2023$4.4M · 165 accts
2022$2.8M · 211 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,453
Total administrative$6,453
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 · 20241
ADP, INC. · Loan processing · Recordkeeping$6,453

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
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$6,453 · 0.14%
2023$7,389 · 0.21%
2022$2,743 · 0.11%
Same employer
Similar plansManufacturing · California
The Peggs Co., Inc. CA$4.7M · 1.13%
Monique Lhuillier, Inc. CA$4.7M · 0.06%
Bar Bakers, LLC CA$4.6M · 0.27%
Edgemine, Inc. CA$4.6M · 1.15%
Rapid Manufacturing CA$4.6M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820601919 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.