401(k) · DOL Form 5500 · 2022

New Choices, Inc. 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
199
Participants Below avg headcount
43rd
Percentile by assets National rank
$17,363
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: New Choices, Inc. 401(k) Retirement Plan · Sponsored by New Choices, Inc. · Iowa · Healthcare & Social Assistance

$3M in assets, 199 participants

New Choices, Inc.'s New Choices, Inc. 401(k) Retirement Plan reported $3M in total assets and 199 participants in its 2022 DOL Form 5500 filing, ranking in the 43rd 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.

  • #9,519 in Healthcare & Social Assistance (20,060 peers)

Coverage in Iowa

New Choices, Inc. 401(k) Retirement Plan covers 199 participants in Iowa, about 33% of the average Iowa filer (state average ~609 per filing). Assets: $3M.

#9,519
in Healthcare & Social Assistance (20,060 peers)
-9.9%
assets change YoY

The plan reported a net loss of $378K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

New Choices, Inc. 401(k) Retirement Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

New Choices, Inc. 401(k) Retirement Plan vs every filed plan by assets

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

$3,455,213 43rd percentile higher than 43% 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

New Choices, Inc. 401(k) Retirement Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. New Choices, Inc. 401(k) Retirement Plan sits mid-pack in the medium band (199 participants).

Published 5500 schedule card

Filing strip 421444827 · New Choices, Inc. PY 2022 · 401(k)

New Choices, Inc. 401(k) Retirement Plan · $3M · 199 · 43rd

  • PCT $3M
  • PCT 199
  • PCT 43rd
  • PCT 401(k)
  • PCT near Petretti & Associates 401(k) Profit Sharing Plan and Trust
  • PCT ind #9519

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 Healthcare & Social Assistance retirement plans → · Plans in Iowa →

New Choices, Inc. 401(k) Retirement Plan in the asset neighbourhood

New Choices, Inc. 401(k) Retirement PlanNew Choices, Inc. 401(k) Ret…$3MPetretti & Associates 401(k) Profit Sharing Plan and TrustPetretti & Associates 401(k)…$3MThe Fort Walton Machining 401(k) PlanThe Fort Walton Machining 40…$3MNorthwest Staffing Resources 401(k) RetirementNorthwest Staffing Resources…$3MEkstra 401(k) Plan Fbo Aegis Land Title Group, LLCEkstra 401(k) Plan Fbo Aegis…$3M
End-of-year total assets ($M) among New Choices, Inc. 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Iowa filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$3M
Net Income-$378K
Employer EIN421444827
Plan Effective Date2003-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (New Choices, Inc.)

Sponsor-wide plan assets over time

All New Choices, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$5M 36.52747312539053% vs 2022
2024 filing year
$3M$3.5M$4M$4.5M$5M 202220232024 $3.46M $4.72M ▲ +36.4%
Year Plans Participants Total Assets
2022 1 199 $3M
2023 1 224 $4M
2024 1 233 $5M

Nearby 401(k) Plans in Iowa

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

New Choices, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -101234 Total assets ($B) Participants New Choices, Inc. 401(k) Retirement Plan, Total assets ($B): 0.003455213 · Participants: 199New Choices, Inc. 401(k) Retirement PlanThe Principal Select Savings Plan, Total assets ($B): 3.613396259 · Participants: 12201The Principal Select Savings PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 2.684422851 · Participants: 28603Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 2.447514997 · Participants: 59826The Hy-Vee and Affiliates 401(k) PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 2.275604074 · Participants: 13793The Rsm US LLP Retirement PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.116061137 · Participants: 7262Transamerica 401(k) Retirement Savings Plan
New Choices, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
Compare New Choices, Inc. 401(k) Retirement Plan side-by-side with 3 peers →

New Choices, Inc. 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Iowa, the nearest 401(k) by assets is Petretti & Associates 401(k) Profit Sharing Plan and Trust in NY ($3M); by covered participants it is Retirement 401(k) Plan in IL (199 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (199 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 New Choices, Inc. 401(k) Retirement Plan assets move in 2022? ▼
New Choices, Inc. 401(k) Retirement Plan pulled back noticeably - down 9.9% during 2022, from $4M to $3M. Reported net income was -$378K.
How have New Choices, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), New Choices, Inc.'s sponsor-wide assets grew 36.5%, from $3M to $5M.
Which 401(k) plans are similar in size to New Choices, Inc. 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Petretti & Associates 401(k) Profit Sharing Plan and Trust in NY ($3M, 20 participants).
Which 401(k) plans cover a similar participant headcount to New Choices, Inc. 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Retirement 401(k) Plan in IL (199 participants, N/A in assets).

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 421444827.

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.