Profit Sharing · DOL Form 5500 · 2022

New England Gallery, Inc. Profit Sharing Plan

Data updated 2026-08-11

$19M
Total assets
3
Participants
77th
Percentile by assets
$6.4M
Avg per participant
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Official DOL plan name: New England Gallery, Inc. Profit Sharing Plan · Sponsored by New England Gallery, Inc. · Massachusetts · Retail Trade

$19M in assets, 3 participants

New England Gallery, Inc.'s New England Gallery, Inc. Profit Sharing Plan reported $19M in total assets and 3 participants in its 2022 DOL Form 5500 filing, ranking in the 77th 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.

  • 77th percentile by assets (of 139,126 plans)
  • #8,191 in Retail Trade (9,519 peers)

Where New England Gallery, Inc. Profit Sharing Plan sits by assets

New England Gallery, Inc. Profit Sharing Plan sits in the top quartile of all filed plans by assets, $19M for 3 participants (~$6.4M/participant), down 20.8% in 2022.

$19M
total plan assets (2022 EOY)
3
covered participants
77th
percentile by assets (of 139,126 plans)
$6.4M
avg assets per participant

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Industry

New England Gallery, Inc. Profit Sharing Plan vs the 2022 asset distribution

By assets, New England Gallery, Inc. Profit Sharing Plan outranks 77% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.2x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$19M
Net Income-$5M
Employer EIN042452959
Plan Effective Date1971-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (New England Gallery, Inc.)

$19M$20M$21M$22M 202220232024 $19.3M $21.3M ▲ +10.4%
Total plan assets by year, all New England Gallery, Inc. plans on file
Year Plans Participants Total Assets
2022 1 3 $19M
2023 1 3 $21M
2024 1 3 $21M

Nearby Profit Sharing Plans in Massachusetts

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

New England Gallery, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants

New England Gallery, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants New England Gallery,…Consolidated 403(b) …Demoulas (Restated) …Dana-Farber Cancer I…The Boston Consultin…Sheet Metal Workers …
New England Gallery, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to New England Gallery, Inc. Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did New England Gallery, Inc. Profit Sharing Plan assets move in 2022?
New England Gallery, Inc. Profit Sharing Plan declined sharply - down 20.8% during 2022, from $24M to $19M. Reported net income was -$5M.
How have New England Gallery, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), New England Gallery, Inc.'s sponsor-wide assets grew 10.4%, from $19M to $21M.
Where does New England Gallery, Inc. Profit Sharing Plan rank by assets among Form 5500 filers?
New England Gallery, Inc. Profit Sharing Plan ranks in the 77th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to New England Gallery, Inc. Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Sarco Employees Retirement Plan in PR ($19M, 2,101 participants).

Next read for New England Gallery, Inc. Profit Sharing…

Scale reading

Ways to act on New England Gallery, Inc. Profit Sharing Plan's numbers.

  • By total assets, New England Gallery, Inc. Profit Sharing Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in Massachusetts. Compare plans
  • New England Gallery, Inc.'s sponsor-wide assets have grown 10.4% since 2022 across 3 plan years on file. More Retail Trade plans