401(k) · DOL Form 5500 · 2022

Newman Technology, Inc. 401(k) Plan

Data updated 2026-08-11

$53M
Total assets
1,017
Participants
88th
Percentile by assets
$52,101
Avg per participant
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Official DOL plan name: Newman Technology, Inc. 401(k) Savings & Retirement Plan · Sponsored by Newman Technology, Inc. · Ohio · Manufacturing

$53M in assets, 1,017 participants

Newman Technology, Inc.'s Newman Technology, Inc. 401(k) Savings & Retirement Plan reported $53M in total assets and 1,017 participants in its 2022 DOL Form 5500 filing, ranking in the 88th 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.

  • 88th percentile by assets (of 139,126 plans)
  • #17,079 in Manufacturing (20,602 peers)

Where Newman Technology, Inc. 401(k) Savings & Retirement Plan sits by assets

Newman Technology, Inc. 401(k) Savings & Retirement Plan sits in the top quartile of all filed plans by assets, $53M for 1,017 participants (~$52,101/participant), down 24.0% in 2022.

$53M
total plan assets (2022 EOY)
1,017
covered participants
88th
percentile by assets (of 139,126 plans)
$52,101
avg assets per participant

The plan reported a net loss of $17M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Newman Technology, Inc. 401(k) Savings & Retirement Plan sits by total assets

Newman Technology, Inc. 401(k) Savings & Retirement Plan vs every filed plan by assets

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

$52,987,140 Top 12% higher than 88% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
Ohio
Industry
Manufacturing

Newman Technology, Inc. 401(k) Savings & Retirement Plan vs the 2022 asset distribution

By assets, Newman Technology, Inc. 401(k) Savings & Retirement Plan outranks 88% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$70M
Net Assets (End of Year)$53M
Net Income-$17M
Employer EIN341561117
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Newman Technology, Inc.)

$50M$60M$70M$80M 202220232024 $53M $71.5M ▲ +35.0%
Total plan assets by year, all Newman Technology, Inc. plans on file
Year Plans Participants Total Assets
2022 1 1,017 $53M
2023 1 952 $62M
2024 1 1,119 $72M

Nearby 401(k) Plans in Ohio

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

Newman Technology, Inc. 401(k) Savings & Retirement Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20246810 Total assets ($B) Participants Newman Technology, I…, Total assets ($B): 0.05298714 · Participants: 1017Newman Technology, I…The Sherwin-Williams…, Total assets ($B): 8.343834208 · Participants: 44890The Sherwin-Williams…The Progressive 401(…, Total assets ($B): 7.60950811 · Participants: 50299The Progressive 401(…The Kroger Co. 401(k…, Total assets ($B): 7.311555 · Participants: 116133The Kroger Co. 401(k…Nationwide Savings P…, Total assets ($B): 6.73672335 · Participants: 24278Nationwide Savings P…Marathon Petroleum T…, Total assets ($B): 6.371480588 · Participants: 17666Marathon Petroleum T…
Newman Technology, Inc. 401(k) Savings & Retirement Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Newman Technology, Inc. 401(k) Savings &… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Newman Technology, Inc. 401(k) Savings & Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Newman Technology, Inc. 401(k) Savings & Retirement Plan assets move in 2022? ▼
Newman Technology, Inc. 401(k) Savings & Retirement Plan declined sharply - down 24.0% during 2022, from $70M to $53M. Reported net income was -$17M.
How have Newman Technology, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Newman Technology, Inc.'s sponsor-wide assets grew 35.0%, from $53M to $72M.
Where does Newman Technology, Inc. 401(k) Savings & Retirement Plan rank by assets among Form 5500 filers? ▼
Newman Technology, Inc. 401(k) Savings & Retirement Plan ranks in the 88th 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 401(k) plans are similar in size to Newman Technology, Inc. 401(k) Savings & Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Pan-O-Gold Baking Co. Employee Savings Plan in MN ($53M, 573 participants).

Next read for Newman Technology, Inc. 401(k) Savings &…

Scale reading

Ways to act on Newman Technology, Inc. 401(k) Savings & Retirement Plan's numbers.

  • By total assets, Newman Technology, Inc. 401(k) Savings & Retirement Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Ohio. Compare plans
  • Newman Technology, Inc.'s sponsor-wide assets have grown 35.0% since 2022 across 3 plan years on file. More Manufacturing plans

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 341561117.

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.