Retirement plan

NEWPORT DIVERSIFIED, INC. PROFIT SHARING AND SAVINGS PLAN

Name: NEWPORT DIVERSIFIED, INC. - NEWPORT DIVERSIFIED, INC. PROFIT SHARING AND SAVINGS PLAN (2016) Form 5500
Creator: NEWPORT DIVERSIFIED, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NEWPORT DIVERSIFIED, INC. PROFIT SHARING AND SAVINGS PLAN, NEWPORT DIVERSIFIED, INC.

NEWPORT DIVERSIFIED, INC.EIN 33-0074971Plan #001PY 2016

2301 DUPONT DRIVE, SUITE 500 - IRVINE, CA 926127504949-851-1355nd-inc.comLinkedIn1-10 employeesrecreational facilities and services

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$6.6M

+9.8% from 2015

Total participants

244

+11.9% from 2015

Average account balance

$57,306

+12.6% from 2015

Annual return

6.46%

+5.91 pp from 2015

Benchmarks

See 616 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants100-249

Cohort616 peers

Snapshot2016

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$9.63M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$63K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

154

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

61.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$677K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+15.30%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$114

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 5 by compensation

Provider	Service type	Compensation
LPL FINANCIAL2+ years Filed as: LPL FINANCIAL LLC Service code 55 PO BOX 509026 · SAN DIEGO, CA 921509026	Other Commissions	$16,202
KB ACTUARIAL, INC.2+ years Service code 13	Contract Administrator	$6,034
GREAT-WEST LIFE & ANNUITY INSURANCE2+ years Filed as: GREAT WEST LIFE & ANNUITY INSUANCE Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$1,887
GREAT-WEST LIFE & ANNUITY INSURANCE2+ years Filed as: ADVISED ASSET GROUP Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$383
KB ACTUARIAL, INC.2+ years Filed as: KB ACTUARIAL, INC Service code 13 PO BOX 9626 · REDLANDS, CA 92375	Contract Administrator	$0

Plan features & details

Pension benefit codes2E2F2J2K2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$1K

$6 / participant

Other / not subdivided$1K100.0%

% of EOY assets

0.021%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: KUSHNER, SMITH, JOANOU & GREGSON,
Auditor EIN: 953322166
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$57,306

$38,969+47.1%

$109,313-47.6%

$55,167+3.9%

Participation rate

46.0%

58.2%-12.2pp

71.3%-25.3pp

69.0%-23.0pp

Annual return

6.46%

8.26%-1.8pp

22.07%-15.6pp

169.23%-162.8pp

Employer contribution / active EE

$430

$1,227-64.9%

$3,892-88.9%

$1,963-78.1%

Participant deferral / active EE

$1,155

$2,176-46.9%

$3,166-63.5%

$3,054-62.2%

Admin fee / account holder

$12

$501-97.6%

$5,666-99.8%

$504-97.7%

Provider

Service type

Compensation

LPL FINANCIAL2+ years

Filed as: LPL FINANCIAL LLC

Service code 55

PO BOX 509026 · SAN DIEGO, CA 921509026

Other Commissions

$16,202

KB ACTUARIAL, INC.2+ years

Service code 13

Contract Administrator

$6,034

GREAT-WEST LIFE & ANNUITY INSURANCE2+ years

Filed as: GREAT WEST LIFE & ANNUITY INSUANCE

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$1,887

GREAT-WEST LIFE & ANNUITY INSURANCE2+ years

Filed as: ADVISED ASSET GROUP

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$383

KB ACTUARIAL, INC.2+ years

Filed as: KB ACTUARIAL, INC

Service code 13

PO BOX 9626 · REDLANDS, CA 92375

Contract Administrator

NEWPORT DIVERSIFIED, INC. PROFIT SHARING AND SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NEWPORT DIVERSIFIED, INC. PROFIT SHARING AND SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion