E.e. Newcomer Enterprises, Inc. 401(k) Review & Grade
E.e. Newcomer Enterprises, Inc. 401(k) Retirement Plan & Trust
Olathe, KSConstruction3,293 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,125Employer $ per active participant
$5,947Employee $ saved per active participant
0.20%Direct admin cost, % of plan assets
$174.0MNet plan assets, end of year
$44,222Average balance per account
Score breakdown
- Employer generosity16.0 / 5032th percentile for employer $ per participant
- Low cost8.5 / 2534th percentile for low admin cost vs. same-size plans
- Employee saving9.0 / 1560th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score37 / 100 · Grade D
This plan vs. peers
Peers: Construction plans with 2,500–9,999 active participants (76 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 32th |
| Lower admin cost | 34th |
| Employee saving | 60th |
| Peers that auto-enroll | 57% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- E.e. Newcomer Enterprises put in about $1,125 per active participant, below the typical peer ($1,965). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.20% of assets) are well above similar-size plans (0.12%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $3,703,923 |
| Participant (employee) contributions | $19,582,387 |
| Other contributions (incl. rollovers in) | $3,580,570 |
| Administrative expenses paid from the plan | $324,743 |
| Contract administrator fees | $600 |
| Investment advisory & management fees | $80,000 |
| Benefits paid out | $18,932,577 |
| Net assets, start / end of year | $146.3M / $174.0M |
| Active participants, start / end of year | 3,145 / 3,441 |
| Participants with account balances | 3,934 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Forvis Mazars, LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $244,743 reported compensation |
| Creative Planning LLC | $80,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250929112738NAL0010823153001, received 2025-09-29, EIN 43-1190931, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.