The Newtron Group, L.L.C. 401(k) Review & Grade
Savings Plan of the Newtron Group, L.L.C. and Subsidiaries
Baton Rouge, LAConstruction3,362 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$534Employer $ per active participant
$2,711Employee $ saved per active participant
0.17%Direct admin cost, % of plan assets
$117.9MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity7.3 / 5015th percentile for employer $ per participant
- Low cost10.0 / 2540th percentile for low admin cost vs. same-size plans
- Employee saving3.4 / 1523th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score21 / 100 · Grade F
This plan vs. peers
Peers: Construction plans with 2,500–9,999 active participants (76 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 15th |
| Lower admin cost | 40th |
| Employee saving | 23th |
| Peers that auto-enroll | 57% |
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Red flags from the filing
Corrective distributions: the plan refunded $143,767 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Newtron Group put in about $534 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.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- 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 | $1,797,144 |
| Participant (employee) contributions | $9,116,005 |
| Other contributions (incl. rollovers in) | $861,296 |
| Administrative expenses paid from the plan | $188,822 |
| Contract administrator fees | $131,358 |
| Investment advisory & management fees | $32,664 |
| Benefits paid out | $8,475,641 |
| Net assets, start / end of year | $101.7M / $117.9M |
| Active participants, start / end of year | 2,703 / 4,022 |
| Participants with account balances | 1,283 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Hannis T. Bourgeois, LLP |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $131,358 reported compensation |
| Gallagher Fiduciary Advi | $32,664 reported compensation |
| Hannis T Bourgeois | $24,800 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250715112809NAL0002823216001, received 2025-07-15, EIN 72-0955705, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.