Plan Ledger DOL Form 5500 · updated monthly

Newport Pacific Capital Co., Inc.401(k)

NEWPORT PACIFIC CAPITAL CO., INC. 401(K) PROFIT SHARING PLAN · NEWPORT BEACH, CA · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Newport Pacific Capital Co., Inc. reported $73,651 in plan administrative expenses for 2024: 0.54% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,153 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 3 years on file its reported administrative ratio has held roughly steady near 0.535%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 4,484th-largest of 9,483 plans among California employers on file, and the 878th of 2,096 in real estate & leasing. In 2024, employees put in $1.07 for every $1.00 the employer contributed; active participation has grown from 199 to 243 since 2022.

Plan summary
Net assets, end of year$14,364,766
Participants with balances344
Active participants243
Employer contributions$766,104
Employee contributions$821,238
Employer contribution per active participant$3,153
Average account balance$41,758
Benefits paid to participants$1,825,075
Plan auditUnmodified (clean) audit opinion
AuditorDAVID L. BUCK, CPA
Plan history3
Yearassets · accounts · employer contribution
2024$14.4M · 344 accts · $766K emplr
2023$13.2M · 286 accts · $379K emplr
2022$11.5M · 306 accts · $732K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,472
Investment management$31,179
Total administrative$73,651
The Newport Pacific Capital Co., Inc. 401(k) match · 2024
Employer contribution per active participant$3,153
Median for plans this size$2,416
2024$3,153 per active participant
2023$1,328 per active participant
2022$3,679 per active participant

Newport Pacific Capital Co., Inc.'s 2024 employer contribution ran above the $2,416 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$42,472
WORLD INVESTMENT ADVISORS LLC · Investment advisory (plan)$31,179

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$73,651 · 0.54%
2023$65,163 · 0.53%
2022$66,087 · 0.54%
Same employer
Similar plansReal Estate & Leasing · California
Centercal Properties, LLC CA$15.3M · 0.32%
Baldwin & Sons, LLC CA$14.5M · 0.31%
National Funding, Inc. CA$14.1M · 0.58%
Side Inc. CA$13.4M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953510322 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.