Newbury Franklin Industrials 401(k) match, vesting and fees
What Newbury Franklin Industrials' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Transamerica Retirement Solutions | Schedule C ↗ |
| Independent auditor | Tronconi Segarra & Asociates LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,074 defined-contribution plans in wholesale trade with 100 to 499 participants.
| Newbury Franklin Industrials: employer contribution per participant | $2,081 | |
| Peer median | $1,988 |
| Newbury Franklin Industrials: average balance | $40,004 | |
| Peer median | $75,431 |
| Newbury Franklin Industrials: admin expenses ÷ assets | 0.67% | |
| Peer median | 0.31% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $514K at the end of plan year 2022 to $8.2M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 378 | $8.2M | $427K | $2,081 | 0.67% | Not published | Form 5500 ↗ |
| 2023 | 393 | $9.8M | $568K | $2,417 | 0.86% | Not published | Form 5500 ↗ |
| 2022 | 101 | $514K | $40K | $900 | 0.31% | Not published | 5500-SF ↗ |
Common questions
Does Newbury Franklin Industrials match 401(k) contributions?
The match terms for the Nfi 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $427K in employer contributions, about $2,081 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Newbury Franklin Industrials 401(k) match vested?
The vesting schedule for the Nfi 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Newbury Franklin Industrials 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Transamerica Retirement Solutions. The plan administrator is Compass 360, LLC.
I left Newbury Franklin Industrials. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Compass 360, LLC, (603) 778-9920) or the recordkeeper, Transamerica Retirement Solutions. The Newbury Franklin Industrials old 401(k) page lists the contacts from every plan filing. Find an old Newbury Franklin Industrials 401(k)
Data from the public Form 5500 annual reports Newbury Franklin Industrials filed with the U.S. Department of Labor (plan years 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Newbury Franklin Industrials. Not financial advice. Report a correction · Methodology