401k Plan data: NEWPORT ACADEMY, INC. 401(K) PSP plan

NEWPORT ACADEMY, INC. 401(K) PSP 401k Plan overview

Plan Name	NEWPORT ACADEMY, INC. 401(K) PSP
Plan identification number	001

NEWPORT ACADEMY, INC. 401(K) PSP Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
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 contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.

401k Sponsoring company profile

NEWPORT ACADEMY, INC. has sponsored the creation of one or more 401k plans.

Company Name: NEWPORT ACADEMY, INC.

Employer identification number (EIN): 452189178

NAIC Classification: 611000

Additional information about NEWPORT ACADEMY, INC.

Jurisdiction of Incorporation: Washington Secretary of State Corporations Division

Incorporation Date: 2006-01-11

Company Identification Number: 602572783

Legal Registered Office Address: 14925 SE ALLEN RD STE 103 B

BELLEVUE
United States of America (USA)
98006

More information about NEWPORT ACADEMY, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NEWPORT ACADEMY, INC. 401(K) PSP

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01

Plan Statistics for NEWPORT ACADEMY, INC. 401(K) PSP

401k plan membership statisitcs for NEWPORT ACADEMY, INC. 401(K) PSP

Measure Date Value
2022: NEWPORT ACADEMY, INC. 401(K) PSP 2022 401k membership
Total participants, beginning-of-year 2022-01-01 25
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 19
Number of retired or separated participants receiving benefits 2022-01-01 1
Number of other retired or separated participants entitled to future benefits 2022-01-01 10
Total of all active and inactive participants 2022-01-01 30
Total participants 2022-01-01 30
Number of participants with account balances 2022-01-01 29
2021: NEWPORT ACADEMY, INC. 401(K) PSP 2021 401k membership
Total participants, beginning-of-year 2021-01-01 26
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 19
Number of retired or separated participants receiving benefits 2021-01-01 3
Number of other retired or separated participants entitled to future benefits 2021-01-01 6
Total of all active and inactive participants 2021-01-01 28
Total participants 2021-01-01 28
Number of participants with account balances 2021-01-01 25
2020: NEWPORT ACADEMY, INC. 401(K) PSP 2020 401k membership
Total participants, beginning-of-year 2020-01-01 26
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 21
Number of retired or separated participants receiving benefits 2020-01-01 2
Number of other retired or separated participants entitled to future benefits 2020-01-01 5
Total of all active and inactive participants 2020-01-01 28
Total participants 2020-01-01 28
Number of participants with account balances 2020-01-01 26
2019: NEWPORT ACADEMY, INC. 401(K) PSP 2019 401k membership
Total participants, beginning-of-year 2019-01-01 13
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 23
Number of other retired or separated participants entitled to future benefits 2019-01-01 3
Total of all active and inactive participants 2019-01-01 26
Total participants 2019-01-01 26
Number of participants with account balances 2019-01-01 26
2018: NEWPORT ACADEMY, INC. 401(K) PSP 2018 401k membership
Total participants, beginning-of-year 2018-01-01 0
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 13
Total of all active and inactive participants 2018-01-01 13
Total participants 2018-01-01 13
Number of participants with account balances 2018-01-01 13

Measure	Date	Value
2022: NEWPORT ACADEMY, INC. 401(K) PSP 2022 401k membership
Total participants, beginning-of-year	2022-01-01	25
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	19
Number of retired or separated participants receiving benefits	2022-01-01	1
Number of other retired or separated participants entitled to future benefits	2022-01-01	10
Total of all active and inactive participants	2022-01-01	30
Total participants	2022-01-01	30
Number of participants with account balances	2022-01-01	29
2021: NEWPORT ACADEMY, INC. 401(K) PSP 2021 401k membership
Total participants, beginning-of-year	2021-01-01	26
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	19
Number of retired or separated participants receiving benefits	2021-01-01	3
Number of other retired or separated participants entitled to future benefits	2021-01-01	6
Total of all active and inactive participants	2021-01-01	28
Total participants	2021-01-01	28
Number of participants with account balances	2021-01-01	25
2020: NEWPORT ACADEMY, INC. 401(K) PSP 2020 401k membership
Total participants, beginning-of-year	2020-01-01	26
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	21
Number of retired or separated participants receiving benefits	2020-01-01	2
Number of other retired or separated participants entitled to future benefits	2020-01-01	5
Total of all active and inactive participants	2020-01-01	28
Total participants	2020-01-01	28
Number of participants with account balances	2020-01-01	26
2019: NEWPORT ACADEMY, INC. 401(K) PSP 2019 401k membership
Total participants, beginning-of-year	2019-01-01	13
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	23
Number of other retired or separated participants entitled to future benefits	2019-01-01	3
Total of all active and inactive participants	2019-01-01	26
Total participants	2019-01-01	26
Number of participants with account balances	2019-01-01	26
2018: NEWPORT ACADEMY, INC. 401(K) PSP 2018 401k membership
Total participants, beginning-of-year	2018-01-01	0
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	13
Total of all active and inactive participants	2018-01-01	13
Total participants	2018-01-01	13
Number of participants with account balances	2018-01-01	13

Financial Data on NEWPORT ACADEMY, INC. 401(K) PSP

Measure	Date	Value
2022 : NEWPORT ACADEMY, INC. 401(K) PSP 2022 401k financial data
Total income from all sources	2022-12-31	$29,826
Expenses. Total of all expenses incurred	2022-12-31	$2,820
Benefits paid (including direct rollovers)	2022-12-31	$2,820
Total plan assets at end of year	2022-12-31	$179,629
Total plan assets at beginning of year	2022-12-31	$152,623
Total contributions received or receivable from participants	2022-12-31	$36,876
Other income received	2022-12-31	$-32,473
Net income (gross income less expenses)	2022-12-31	$27,006
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$179,629
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$152,623
Total contributions received or receivable from employer(s)	2022-12-31	$25,423
2021 : NEWPORT ACADEMY, INC. 401(K) PSP 2021 401k financial data
Total income from all sources	2021-12-31	$66,325
Expenses. Total of all expenses incurred	2021-12-31	$23,961
Benefits paid (including direct rollovers)	2021-12-31	$23,961
Total plan assets at end of year	2021-12-31	$152,623
Total plan assets at beginning of year	2021-12-31	$110,259
Total contributions received or receivable from participants	2021-12-31	$27,707
Other income received	2021-12-31	$15,182
Net income (gross income less expenses)	2021-12-31	$42,364
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$152,623
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$110,259
Total contributions received or receivable from employer(s)	2021-12-31	$23,436
2020 : NEWPORT ACADEMY, INC. 401(K) PSP 2020 401k financial data
Total income from all sources	2020-12-31	$67,004
Expenses. Total of all expenses incurred	2020-12-31	$8,968
Benefits paid (including direct rollovers)	2020-12-31	$8,968
Total plan assets at end of year	2020-12-31	$110,259
Total plan assets at beginning of year	2020-12-31	$52,223
Total contributions received or receivable from participants	2020-12-31	$26,838
Other income received	2020-12-31	$15,658
Net income (gross income less expenses)	2020-12-31	$58,036
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$110,259
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$52,223
Total contributions received or receivable from employer(s)	2020-12-31	$24,508
2019 : NEWPORT ACADEMY, INC. 401(K) PSP 2019 401k financial data
Total income from all sources	2019-12-31	$35,547
Total plan assets at end of year	2019-12-31	$52,223
Total plan assets at beginning of year	2019-12-31	$16,676
Total contributions received or receivable from participants	2019-12-31	$14,848
Contributions received from other sources (not participants or employers)	2019-12-31	$964
Other income received	2019-12-31	$5,607
Net income (gross income less expenses)	2019-12-31	$35,547
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$52,223
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$16,676
Total contributions received or receivable from employer(s)	2019-12-31	$14,128
2018 : NEWPORT ACADEMY, INC. 401(K) PSP 2018 401k financial data
Total income from all sources	2018-12-31	$16,676
Total plan assets at end of year	2018-12-31	$16,676
Total contributions received or receivable from participants	2018-12-31	$8,902
Other income received	2018-12-31	$-1,596
Net income (gross income less expenses)	2018-12-31	$16,676
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$16,676
Total contributions received or receivable from employer(s)	2018-12-31	$9,370

Form 5500 Responses for NEWPORT ACADEMY, INC. 401(K) PSP

2022: NEWPORT ACADEMY, INC. 401(K) PSP 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: NEWPORT ACADEMY, INC. 401(K) PSP 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: NEWPORT ACADEMY, INC. 401(K) PSP 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: NEWPORT ACADEMY, INC. 401(K) PSP 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: NEWPORT ACADEMY, INC. 401(K) PSP 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	First time form 5500 has been submitted	Yes
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Company Name:	NEWPORT ACADEMY, INC.
Employer identification number (EIN):	452189178
NAIC Classification:	611000

Jurisdiction of Incorporation:	Washington Secretary of State Corporations Division
Incorporation Date:	2006-01-11
Company Identification Number:	602572783
Legal Registered Office Address:	14925 SE ALLEN RD STE 103 B BELLEVUE United States of America (USA) 98006