401(k) · DOL Form 5500 · 2024

Newport Assets Inc 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
11
Participants Small participant base
35th
Percentile by assets National rank
$289,795
Avg per participant High balance/head
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Official DOL plan name: Newport Assets, Inc./First Fruit, Inc. 401(k) Plan · Sponsored by Newport Assets Inc · California · Real Estate

$3M in assets, 11 participants

Newport Assets Inc's Newport Assets, Inc./First Fruit, Inc. 401(k) Plan reported $3M in total assets and 11 participants in its 2024 DOL Form 5500 filing, ranking in the 35th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #2,518 in Real Estate (4,605 peers)

Real Estate sector rank

Within Real Estate, Newport Assets, Inc./First Fruit, Inc. 401(k) Plan ranks #2,518 of 4,605 2024 filers by assets (815% of the sector average)-$3M for 11 participants.

#2,518
in Real Estate (4,605 peers)
+6.3%
assets growth YoY

Newport Assets, Inc./First Fruit, Inc. 401(k) Plan's mid-pack asset rank among Real Estate and all filers

Newport Assets, Inc./First Fruit, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$3,187,746 35th percentile higher than 35% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Newport Assets, Inc./First Fruit, Inc. 401(k) Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Newport Assets, Inc./First Fruit, Inc. 401(k) Plan is a small filing (11 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Newport Assets, Inc./First Fruit, Inc. 401(k) Plan reported net income rose from -$786K in the plan year 2023 filing to $188K in the plan year 2024 filing.
  • Newport Assets, Inc./First Fruit, Inc. 401(k) Plan reported participants fell from 13 in the plan year 2023 filing to 11 in the plan year 2024 filing.
  • Newport Assets, Inc./First Fruit, Inc. 401(k) Plan end-of-year assets rose from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 330682820 · Newport Assets Inc PY 2024 · 401(k)

Newport Assets, Inc./First Fruit, Inc. 401(k) Plan · $3M · 11 · 35th

  • EBSA $3M
  • EBSA 11
  • EBSA 35th
  • EBSA 401(k)
  • EBSA near Grossel Tool Company 401(k) Retirement Plan
  • EBSA ind #2518

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Real Estate retirement plans → · Plans in California →

Newport Assets, Inc./First Fruit, Inc. 401(k) Plan in the asset neighbourhood

Newport Assets, Inc./First Fruit, Inc. 401(k) PlanNewport Assets, Inc./First F…$3MGrossel Tool Company 401(k) Retirement PlanGrossel Tool Company 401(k) …$3MEmployee Benefits Plan of Grand Prairie ServicesEmployee Benefits Plan of Gr…$3MEpco, LLC 401(k) Plan$3MMahaffey Apartment Company 401(k) PlanMahaffey Apartment Company 4…$3M
End-of-year total assets ($M) among Newport Assets, Inc./First Fruit, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Real Estate filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income$188K
Employer EIN330682820
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Newport Assets Inc)

Sponsor-wide plan assets over time

All Newport Assets Inc plans reported in each filing year

Latest sponsor-wide plan assets
$3M 15.788797961017778% vs 2022
2024 filing year
$2.5M$3M$3.5M$4M 202220232024 $3.79M $3.19M ▼ -15.8%
Year Plans Participants Total Assets
2022 1 15 $4M
2023 1 13 $3M
2024 1 11 $3M

Nearby 401(k) Plans in California

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Newport Assets, Inc./First Fruit, Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Newport Assets, Inc./First Fruit, Inc. 401(k) Plan, Total assets ($B): 0.003187746 · Participants: 11Newport Assets, Inc./First Fruit, Inc. 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 48.738057415 · Participants: 116712Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 31.02646504 · Participants: 58962Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 24.850880304 · Participants: 55298Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 24.714519387 · Participants: 101450Apple 401(k) PlanCisco Systems,Inc. 401(k) Plan, Total assets ($B): 22.728425546 · Participants: 40452Cisco Systems,Inc. 401(k) Plan
Newport Assets, Inc./First Fruit, Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Newport Assets, Inc./First Fruit, Inc. 401(k) Plan side-by-side with 3 peers →

Newport Assets, Inc./First Fruit, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Grossel Tool Company 401(k) Retirement Plan in MI ($3M); by covered participants it is Nicholas E. Nahernak Dds, PC 401(k) Profit Sharing Pl 816828 in MI (11 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3M here).

Similar participant headcount

Nearest other-state filings by covered participants (11 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Newport Assets, Inc./First Fruit, Inc. 401(k) Plan assets move in 2024? ▼
Newport Assets, Inc./First Fruit, Inc. 401(k) Plan grew at a solid clip - up 6.3% during 2024, from $3M to $3M. Reported net income was $188K.
How have Newport Assets Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Newport Assets Inc's sponsor-wide assets declined 15.8%, from $4M to $3M.
Which 401(k) plans are similar in size to Newport Assets, Inc./First Fruit, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Grossel Tool Company 401(k) Retirement Plan in MI ($3M, 14 participants).
Which 401(k) plans cover a similar participant headcount to Newport Assets, Inc./First Fruit, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Nicholas E. Nahernak Dds, PC 401(k) Profit Sharing Pl 816828 in MI (11 participants, $2M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 330682820.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.