401(k)
2022 plan-year 401(k) DOL Form 5500

NU-WAY INDUSTRIES, INC. PROFIT SHARING PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

NU-WAY INDUSTRIES, INC.

This 401(k) plan holds $12M in total assets and serves 242 participants as of 2022. It is sponsored by NU-WAY INDUSTRIES, INC. in Illinois. The plan reported a net loss of $2M for the year.

Total Assets (2023)
$12M
Participants
242
State
Industry
Manufacturing

What the Filing Says About NU-WAY INDUSTRIES, INC. PROFIT SHARING PLAN

NU-WAY INDUSTRIES, INC. PROFIT SHARING PLAN is a 401(k) retirement plan sponsored by NU-WAY INDUSTRIES, INC., headquartered in Illinois. As of the 2022 Form 5500 filing, the plan reports $12M in total end-of-year assets and covers 242 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 362699342, and the plan has been effective since 1972-04-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $14M at the beginning of 2022 to $12M at year-end — a decline of 16.5%. Net assets (after liabilities) closed the year at $12M, with reported net income of $-2,364,847 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$14M
Total Assets (End of Year)$12M
Net Assets (End of Year)$12M
Net Income$-2,364,847
Plan Type401(k)
Employer EIN362699342
Plan Effective Date1972-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (NU-WAY INDUSTRIES, INC.)

Year Plans Participants Total Assets
2022 1 242 $12M
2023 1 242 $12M
2024 1 219 $13M

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Frequently Asked Questions

How much money is in the NU-WAY INDUSTRIES, INC. PROFIT SHARING PLAN?
As of the 2022 Form 5500 filing, NU-WAY INDUSTRIES, INC. PROFIT SHARING PLAN holds $12M in total assets with 242 participants. It is sponsored by NU-WAY INDUSTRIES, INC..
What type of plan is NU-WAY INDUSTRIES, INC. PROFIT SHARING PLAN?
NU-WAY INDUSTRIES, INC. PROFIT SHARING PLAN is a 401(k) plan. It has been effective since 1972-04-01. The plan is filed with the U.S. Department of Labor under EIN 362699342.
Who sponsors the NU-WAY INDUSTRIES, INC. PROFIT SHARING PLAN?
NU-WAY INDUSTRIES, INC. PROFIT SHARING PLAN is sponsored by NU-WAY INDUSTRIES, INC., located in Illinois. The sponsor's EIN is 362699342 and the plan operates in the Manufacturing industry.
How did NU-WAY INDUSTRIES, INC. PROFIT SHARING PLAN perform in 2022?
NU-WAY INDUSTRIES, INC. PROFIT SHARING PLAN declined by 16.5% during 2022, moving from $14M to $12M in total assets. Net income was $-2,364,847.
Where can I find official filings for NU-WAY INDUSTRIES, INC. PROFIT SHARING PLAN?
Official Form 5500 filings for NU-WAY INDUSTRIES, INC. PROFIT SHARING PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 362699342 or plan name at efast.dol.gov.
How does NU-WAY INDUSTRIES, INC. PROFIT SHARING PLAN compare to other plans?
You can compare NU-WAY INDUSTRIES, INC. PROFIT SHARING PLAN against other 401(k) plans on the plan type page, or view plans in Illinois on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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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 362699342.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.