Newport Hospitality Group, Inc. 401(k) Plan (terminated 2023): Login, Facts & Contact Information
This plan was terminated. Its final Form 5500 covers plan year 2023, when $4.56 million was transferred out of the plan. Assets moved to the PRINCIPAL EASE 401(K) PLAN (sponsored by PRINCIPAL LIFE INSURANCE COMPANY). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.
Newport Hospitality Group, Inc. 401(k) Login
Retirement plan providers can change. This information is from the plan's 2023 filing.
Newport Hospitality Group, Inc. 401(k) Plan Facts (plan year 2023)
Source: Form 5500 for plan year 2023 (Jan 1, 2023 – Jun 30, 2023), filed Feb 23, 2024. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2023
- $510,230 went into the plan in contributions, $63,142 of it from the employer (12%).
- $593,847 was paid out to participants.
- Investment and other income added $61,354.
How the Newport Hospitality Group, Inc. 401(k) changed, 2018–2023
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2018 | 630 | $3.11 million | $94,084 | $440,317 |
| 2019 | 553 | $3.80 million | $99,834 | $329,756 |
| 2020 | 1,238 | $7.67 million | $33,989 | $948,152 |
| 2021 | 1,676 | $8.98 million | $79,726 | $591,996 |
| 2022 | 1,409 | $4.63 million | $244,173 | $351,066 |
| 2023 (final) | 984 | $0 | $63,142 | $593,847 |
Newport Hospitality Group, Inc. 401(k) Contact Information
Questions about the Newport Hospitality Group, Inc. 401(k)
Is the Newport Hospitality Group, Inc 401(k) plan still active?
No. The plan's final Form 5500 was filed for plan year 2023. Its assets were transferred to the PRINCIPAL EASE 401(K) PLAN.
Does Newport Hospitality Group, Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2023 the employer contributed $63,142, 12% of all contributions.
Does the Newport Hospitality Group, Inc 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Newport Hospitality Group, Inc 401(k) plan?
984 participants at the start of plan year 2023.
Who manages the Newport Hospitality Group, Inc 401(k) accounts?
John Hancock (listed on the filing as JOHN HANCOCK LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.