401(k) · DOL Form 5500 · 2022

Newport Federal Bank 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
38
Participants Small participant base
47th
Percentile by assets National rank
$112,451
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Newport Federal Bank 401(k) Retirement Plan · Sponsored by Newport Federal Bank · Tennessee · Finance & Insurance

$4M in assets, 38 participants

Newport Federal Bank's Newport Federal Bank 401(k) Retirement Plan reported $4M in total assets and 38 participants in its 2022 DOL Form 5500 filing, ranking in the 47th 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.

  • #3,030 in Finance & Insurance (9,261 peers)

Newport Federal Bank multi-year trail

Newport Federal Bank's plans moved +16.1% in assets from 2022 to 2024; this filing shows Newport Federal Bank 401(k) Retirement Plan at $4M / 38 participants.

#3,030
in Finance & Insurance (9,261 peers)
-19.7%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Newport Federal Bank 401(k) Retirement Plan's mid-pack asset rank among Finance & Insurance and all filers

Newport Federal Bank 401(k) Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$4,273,123 47th percentile higher than 47% of 139,123 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 2022

Newport Federal Bank 401(k) Retirement Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Newport Federal Bank 401(k) Retirement Plan is a small filing (38 participants) on this national headcount ladder.

Plan-year Form 5500 strip

Filing strip 620309135 · Newport Federal Bank PY 2022 · 401(k)

Newport Federal Bank 401(k) Retirement Plan · $4M · 38 · 47th

  • BOOK $4M
  • BOOK 38
  • BOOK 47th
  • BOOK 401(k)
  • BOOK near 401(k) Plan for Operating Engineers Local 406- Ct Stevedoring, Inc.
  • BOOK ind #3030

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 Finance & Insurance retirement plans → · Plans in Tennessee →

Newport Federal Bank 401(k) Retirement Plan in the asset neighbourhood

Newport Federal Bank 401(k) Retirement PlanNewport Federal Bank 401(k) …$4M401(k) Plan for Operating Engineers Local 406- Ct Stevedoring, Inc.401(k) Plan for Operating En…$4MTel Tech Networks, Inc. 401(k) PlanTel Tech Networks, Inc. 401(…$4MSunrise Express 401(k) Profit Sharing PlanSunrise Express 401(k) Profi…$4MProvident Management Corporation 401(k) PlanProvident Management Corpora…$4M
End-of-year total assets ($M) among Newport Federal Bank 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Newport Federal Bank multi-year asset trail

Sponsor-wide plan assets over time

All Newport Federal Bank plans reported in each filing year

Latest sponsor-wide plan assets
$5M 16.110722766463777% vs 2022
2024 filing year
$4M$4.5M$5M$5.5M 202220232024 $4.27M $4.96M ▲ +16.2%
Year Plans Participants Total Assets
2022 1 38 $4M
2023 1 37 $5M
2024 1 38 $5M

Newport Federal Bank filing trail (2022)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$4M
Net Income-$1M
Employer EIN620309135
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Tennessee

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

Newport Federal Bank 401(k) Retirement Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants Newport Federal Bank 401(k) Retirement Plan, Total assets ($B): 0.004273123 · Participants: 38Newport Federal Bank 401(k) Retirement PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 21.031401128 · Participants: 220835Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 18.669830548 · Participants: 280576Hca 401(k) PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.178827147 · Participants: 11839International Paper Company Salaried Savings PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 4.035859621 · Participants: 5305Federal Express Corporation Pilots Retirement Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.015461486 · Participants: 62485Chs/Community Health Systems, Inc. Retirement Savings Plan
Newport Federal Bank 401(k) Retirement Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants
Compare Newport Federal Bank 401(k) Retirement Plan side-by-side with 3 peers →

Newport Federal Bank 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is 401(k) Plan for Operating Engineers Local 406- Ct Stevedoring, Inc. in AL ($4M); by covered participants it is Yarnell Electric 401(k) Plan in PA (38 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (38 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Newport Federal Bank 401(k) Retirement Plan assets move in 2022? ▼
Newport Federal Bank 401(k) Retirement Plan declined sharply - down 19.7% during 2022, from $5M to $4M. Reported net income was -$1M.
How have Newport Federal Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Newport Federal Bank's sponsor-wide assets grew 16.1%, from $4M to $5M.
Which 401(k) plans are similar in size to Newport Federal Bank 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is 401(k) Plan for Operating Engineers Local 406- Ct Stevedoring, Inc. in AL ($4M, 108 participants).
Which 401(k) plans cover a similar participant headcount to Newport Federal Bank 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Yarnell Electric 401(k) Plan in PA (38 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 620309135.

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.