SAVEWISETM POOLED EMPLOYER PLAN · FOLSOM, CA · plan year 2024
Reported admin expense ratio · 2024
0.50%
Peer grade: D· admin costs + employer contributions vs same-size plans · how grading works
Newport Group, Inc. reported $1,945,085 in plan administrative expenses for 2024: 0.50% of average plan assets, higher than ~90% of peers. Employer contributions averaged $948 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 rose from 0.34% to 0.50%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 309th-largest of 9,483 plans among California employers on file, and the 413th of 11,654 in professional & technical services. In 2024, employees put in $2.48 for every $1.00 the employer contributed; active participation has grown from 7,448 to 22,638 since 2022.
Newport Group, Inc.'s 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom 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.
Service providers · 20247
NEWPORT GROUP, INC. · Claims processing · Contract administrator$1,069,520
Source: U.S. Department of Labor, Form 5500 series, EIN 272037969 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.