Profit Sharing · DOL Form 5500 · 2022

Newport Sales, Inc. Profit Sharing Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
5
Participants Small participant base
55th
Percentile by assets National rank
$1.2M
Avg per participant High balance/head
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Official DOL plan name: Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan · Sponsored by Newport Sales, Inc. · New York · Retail Trade

$6M in assets, 5 participants

Newport Sales, Inc.'s Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan reported $6M in total assets and 5 participants in its 2022 DOL Form 5500 filing, ranking in the 55th 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.

  • #6,129 in Retail Trade (9,519 peers)

Newport Sales, Inc. multi-year trail

Newport Sales, Inc.'s plans moved +72.4% in assets from 2022 to 2024; this filing shows Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan at $6M / 5 participants.

#6,129
in Retail Trade (9,519 peers)
-41.9%
assets change YoY

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan's mid-pack asset rank among Retail Trade and all filers

Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan vs every filed plan by assets

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

$6,073,673 Top 45% higher than 55% 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 Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan among micro filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan is a micro filing (5 participants), the leftmost band.

DOL schedule card

Filing strip 112636504 · Newport Sales, Inc. PY 2022 · Profit Sharing

Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan · $6M · 5 · 55th

  • PCT $6M
  • EIN 5
  • RANK 55th
  • PHOTO Profit Sharing
  • IND near Mid-South Industries, Inc. Profit Sharing Plan
  • EOY ind #6129

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 Retail Trade retirement plans → · Plans in New York →

Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan in the asset neighbourhood

Community Interface Services Retirement PlanCommunity Interface Services…$6MNewport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing PlanNewport Sales, Inc./M&h Cosm…$6MMid-South Industries, Inc. Profit Sharing PlanMid-South Industries, Inc. P…$6MDotto Glass, Inc. Profit Sharing PlanDotto Glass, Inc. Profit Sha…$6MLeo Kaplan, Ltd. Profit Sharing PlanLeo Kaplan, Ltd. Profit Shar…$6M
End-of-year total assets ($M) among Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Newport Sales, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Newport Sales, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$10M 72.39097330396285% vs 2022
2024 filing year
$4M$6M$8M$10M$12M 202220232024 $6.07M $10.5M ▲ +72.5%
Year Plans Participants Total Assets
2022 1 5 $6M
2023 1 4 $8M
2024 1 4 $10M

Newport Sales, Inc. filing trail (2022)

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$6M
Net Income-$4M
Employer EIN112636504
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in New York

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

Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -0.500.511.522.5 Total assets ($B) Participants Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan, Total assets ($B): 0.006073673 · Participants: 5Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing PlanAnnuity Plan of the Electrical Industry, Total assets ($B): 1.982735962 · Participants: 19997Annuity Plan of the Electrical IndustryAnnuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO, Total assets ($B): 1.649838154 · Participants: 3494Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIOAnnuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO, Total assets ($B): 1.458865603 · Participants: 5696Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIOThe Research Foundation for Suny Retirement Plan, Total assets ($B): 1.065250862 · Participants: 11139The Research Foundation for Suny Retirement PlanMason Tenders District Council Annuity Fund, Total assets ($B): 0.836936679 · Participants: 11072Mason Tenders District Council Annuity Fund
Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in New York, assets vs. participants

Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside New York, the nearest Profit Sharing by assets is Mid-South Industries, Inc. Profit Sharing Plan in MS ($6M); by covered participants it is Summit Equity Group Lashes, Inc. Retirement Plan in FL (5 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (5 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 Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan assets move in 2022?
Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan contracted severely - down 41.9% during 2022, from $10M to $6M. Reported net income was -$4M.
How have Newport Sales, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Newport Sales, Inc.'s sponsor-wide assets grew 72.4%, from $6M to $10M.
Which Profit Sharing plans are similar in size to Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Mid-South Industries, Inc. Profit Sharing Plan in MS ($6M, 97 participants).
Which Profit Sharing plans cover a similar participant headcount to Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Summit Equity Group Lashes, Inc. Retirement Plan in FL (5 participants, N/A in assets).