Profit Sharing · DOL Form 5500 · 2022

The Preservation Society of Newport County Profit Sharing Plan

Data updated 2026-08-11

$13M
Total assets
160
Participants
70th
Percentile by assets
$81,272
Avg per participant
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Official DOL plan name: The Pres. Soc. of Newport Cty. Ret. Savings Pl. · Sponsored by The Preservation Society of Newport County · Rhode Island · Arts, Entertainment & Recreation

$13M in assets, 160 participants

The Preservation Society of Newport County's The Pres. Soc. of Newport Cty. Ret. Savings Pl. reported $13M in total assets and 160 participants in its 2022 DOL Form 5500 filing, ranking in the 70th 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.

  • 70th percentile by assets (of 139,126 plans)
  • #2,498 in Arts, Entertainment & Recreation (3,077 peers)

Coverage in Rhode Island

The Pres. Soc. of Newport Cty. Ret. Savings Pl. covers 160 participants in Rhode Island, about 11% of the average Rhode Island filer (state average ~1,449 per filing). Assets: $13M.

$13M
total plan assets (2022 EOY)
160
covered participants
70th
percentile by assets (of 139,126 plans)
$81,272
avg assets per participant

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs Rhode Island filers

In Rhode Island, the average filing covers about 1,449 participants across 434 plans. The Pres. Soc. of Newport Cty. Ret. Savings Pl. reports 160 participants - about 11% of that state average ($13M EOY assets).

Rhode Island filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$13M
Net Income-$2M
Employer EIN050252708
Plan Effective Date1990-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Preservation Society of Newport County)

$12M$13M$14M$15M$16M 202220232024 $13M $15.1M ▲ +15.8%
Total plan assets by year, all The Preservation Society of Newport County plans on file
Year Plans Participants Total Assets
2022 1 160 $13M
2023 1 192 $13M
2024 1 216 $15M

Nearby Profit Sharing Plans in Rhode Island

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

The Pres. Soc. of Newport Cty. Ret. Savings Pl. vs. nearby Profit Sharing plans in Rhode Island, assets vs. participants

The Pres. Soc. of Newport Cty. Ret. Savings Pl. vs. nearby Profit Sharing plans in Rhode Island, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -1000100200300400500 Total assets ($M) Participants The Pres. Soc. of Ne…Care New England 403…Textron Retirement A…Brown Physicians, In…International Brothe…Iuoe Local 57 Annuit…
The Pres. Soc. of Newport Cty. Ret. Savings Pl. vs. nearby Profit Sharing plans in Rhode Island, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to The Pres. Soc. of Newport Cty. Ret. Savings Pl. by total assets, not by location.

Frequently Asked Questions

How did The Pres. Soc. of Newport Cty. Ret. Savings Pl. assets move in 2022?
The Pres. Soc. of Newport Cty. Ret. Savings Pl. pulled back noticeably - down 14.2% during 2022, from $15M to $13M. Reported net income was -$2M.
How have The Preservation Society of Newport County plan assets changed over time?
Across 3 plan years on file (2022-2024), The Preservation Society of Newport County's sponsor-wide assets grew 15.8%, from $13M to $15M.
Which Profit Sharing plans are similar in size to The Pres. Soc. of Newport Cty. Ret. Savings Pl.?
Among Profit Sharing plans in other states, the closest by assets is Care Dimensions, Inc. Retirement Plan in MA ($13M, 535 participants).

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Filing takeaways

Ways to act on The Pres. Soc. of Newport Cty. Ret. Savings Pl.'s numbers.