Profit Sharing · DOL Form 5500 · 2022

Newfane Lumber & Manufacturing Co., Inc. Profit Sharing Plan

Data updated 2026-08-11

$7M
Total assets
13
Participants
58th
Percentile by assets
$550,351
Avg per participant
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Official DOL plan name: Newfane Lumber Profit Sharing Plan · Sponsored by Newfane Lumber & Manufacturing Co., Inc. · New York · Retail Trade

$7M in assets, 13 participants

Newfane Lumber & Manufacturing Co., Inc.'s Newfane Lumber Profit Sharing Plan reported $7M in total assets and 13 participants in its 2022 DOL Form 5500 filing, ranking in the 58th 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.

  • 58th percentile by assets (of 139,126 plans)
  • #6,493 in Retail Trade (9,519 peers)

Newfane Lumber & Manufacturing Co., Inc. multi-year trail

Newfane Lumber & Manufacturing Co., Inc.'s plans moved +16.8% in assets from 2022 to 2024; this filing shows Newfane Lumber Profit Sharing Plan at $7M / 13 participants.

$7M
total plan assets (2022 EOY)
13
covered participants
58th
percentile by assets (of 139,126 plans)
$550,351
avg assets per participant

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.

State
Industry

Newfane Lumber & Manufacturing Co., Inc. across 3 plan years on file

Across the 3 plan years Newfane Lumber & Manufacturing Co., Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $7M to $8M, a gain of 16.8%, while reported participants moved from 13 to 12 (-7.7%). Peak year by sponsor assets: 2024 ($8M); trough: 2022 ($7M).

Newfane Lumber & Manufacturing Co., Inc. multi-year asset trail

$7M$7.5M$8M$8.5M 202220232024 $7.15M $8.36M ▲ +16.9%
Total plan assets by year, all Newfane Lumber & Manufacturing Co., Inc. plans on file
Year Plans Participants Total Assets
2022 1 13 $7M
2023 1 13 $8M
2024 1 12 $8M

Newfane Lumber & Manufacturing Co., Inc. filing trail (2022)

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$7M
Net Income-$1M
Employer EIN160569070
Plan Effective Date1994-11-15
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in New York

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

Newfane Lumber Profit Sharing Plan vs. nearby Profit Sharing plans in New York, assets vs. participants

Newfane Lumber 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 Newfane Lumber Profi…Annuity Plan of the …Annuity Fund Iuoe Lo…Annuity Fd of the Iu…The Research Foundat…Mason Tenders Distri…
Newfane Lumber Profit Sharing Plan vs. nearby Profit Sharing plans in New York, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Newfane Lumber Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Newfane Lumber Profit Sharing Plan assets move in 2022?
Newfane Lumber Profit Sharing Plan pulled back noticeably - down 12.0% during 2022, from $8M to $7M. Reported net income was -$1M.
How have Newfane Lumber & Manufacturing Co., Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Newfane Lumber & Manufacturing Co., Inc.'s sponsor-wide assets grew 16.8%, from $7M to $8M.
Which Profit Sharing plans are similar in size to Newfane Lumber Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Caribbean Restaurants Retirement Plan in PR ($7M, 2,712 participants).

Next read for Newfane Lumber Profit Sharing Plan

Multi-year trail

Ways to act on Newfane Lumber Profit Sharing Plan's numbers.

  • By total assets, Newfane Lumber Profit Sharing Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in New York. Compare plans
  • Newfane Lumber & Manufacturing Co., Inc.'s sponsor-wide assets have grown 16.8% since 2022 across 3 plan years on file. More Retail Trade plans