Retirement plan

NEWCOMER FUNERAL SERVICE GROUP RETIREMENT PLAN

Name: NEWCOMER FUNERAL SERVICE GROUP, INC. - NEWCOMER FUNERAL SERVICE GROUP RETIREMENT PLAN (2024) Form 5500
Creator: NEWCOMER FUNERAL SERVICE GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NEWCOMER FUNERAL SERVICE GROUP RETIREMENT PLAN, NEWCOMER FUNERAL SERVICE GROUP, INC.

NEWCOMER FUNERAL SERVICE GROUP, INC.EIN 48-1142399Plan #001PY 2024

520 SW 27TH STREET - TOPEKA, KS 66611785-233-6655nfsgi.comLinkedIn201-500 employeesindividual & family services

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$24.3M

+15.9% from 2023

Total participants

940

+17.1% from 2023

Average account balance

$46,316

+14.1% from 2023

Annual return

14.01%

-4.53 pp from 2023

Benchmarks

See 1,034 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort1,034 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$24.27M

Not enough data

1 years with asset history on file

Average account balance

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

$46K

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.

524

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.

51.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.72M

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

+14.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$196

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
AMERICAN UNITED LIFE INSURANCE CO5 years Filed as: ONEAMERICA RETIREMENT SERVICES Service code 15 · EIN 46-5378846	Recordkeeping	$54,498
MARINER LLC6+ years Filed as: MARINER, LLC Service code 27 · EIN 20-4553256	Advisory (Plan)	$38,445
PICKETT, CHANEY & MCMULLEN LLP6+ years Filed as: PICKETT, CHANEY, MCMULLEN LLP, CPA Service code 10 · EIN 48-1246310	Accounting	$9,600
MATRIX TRUST COMPANY5 years Service code 62	Float revenue; Soft dollars commissions	$0
MATRIX TRUST COMPANY5 years Filed as: MG TRUST COMPANY DBA MATRIX TRUST C Service code 15 · EIN 75-3182674	Recordkeeping	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
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

$103K

$119 / participant

Recordkeeping$54K53.1%
Other / not subdivided$48K46.9%

% of EOY assets

0.423%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PICKETT, CHANEY AND MCMULLEN LLP
Auditor EIN: 481246310
Audit fees: $48,045
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$46,316

$66,004-29.8%

$81,820-43.4%

$77,714-40.4%

Participation rate

51.7%

65.8%-14.1pp

72.4%-20.6pp

70.6%-18.8pp

Annual return

14.01%

26.65%-12.6pp

777.93%-763.9pp

31.26%-17.2pp

Employer contribution / active EE

$1,041

$2,375-56.2%

$2,915-64.3%

$2,727-61.8%

Participant deferral / active EE

$2,114

$3,508-39.7%

$4,323-51.1%

$4,649-54.5%

Admin fee / account holder

$196

$527-62.9%

$7,391-97.4%

$433-54.8%

Provider

Service type

Compensation

AMERICAN UNITED LIFE INSURANCE CO5 years

Filed as: ONEAMERICA RETIREMENT SERVICES

Service code 15 · EIN 46-5378846

Recordkeeping

$54,498

MARINER LLC6+ years

Filed as: MARINER, LLC

Service code 27 · EIN 20-4553256

Advisory (Plan)

$38,445

PICKETT, CHANEY & MCMULLEN LLP6+ years

Filed as: PICKETT, CHANEY, MCMULLEN LLP, CPA

Service code 10 · EIN 48-1246310

Accounting

$9,600

MATRIX TRUST COMPANY5 years

Service code 62

Float revenue; Soft dollars commissions

MATRIX TRUST COMPANY5 years

Filed as: MG TRUST COMPANY DBA MATRIX TRUST C

Service code 15 · EIN 75-3182674

Recordkeeping

NEWCOMER FUNERAL SERVICE GROUP RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NEWCOMER FUNERAL SERVICE GROUP RETIREMENT 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