Newport Harbor CorporationESOP
NEWPORT HARBOR CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN · WARWICK, RI · plan year 2024
Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works
Newport Harbor Corporation reported $24,200 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,062 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 0.03% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other administrative & support services employers. By assets it is the 60th-largest of 286 plans among Rhode Island employers on file, and the 242nd of 2,534 in administrative & support services. active participation has grown from 824 to 925 since 2022.
Newport Harbor Corporation's 2024 employer contribution ran above the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 050191225 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.