ESOP · DOL Form 5500 · 2022
Newage Industries, Inc. ESOP
Data updated 2026-08-06
- $310M
- Total assets
- 304
- Participants
- 97th
- Percentile by assets
- $1.0M
- Avg per participant
Official DOL plan name: Newage Industries, Inc. Employee Stock Ownership Plan · Sponsored by Newage Industries, Inc. · Pennsylvania · Manufacturing
$310M in assets, 304 participants
Newage Industries, Inc.'s Newage Industries, Inc. Employee Stock Ownership Plan reported $310M in total assets and 304 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.
- 97th percentile by assets (of 139,258 plans)
- #19,592 in Manufacturing (20,629 peers)
Coverage in Pennsylvania
Newage Industries, Inc. Employee Stock Ownership Plan covers 304 participants in Pennsylvania, about 37% of the average Pennsylvania filer (state average ~824 per filing). Assets: $310M.
- $310M
- total plan assets (2022 EOY)
- 304
- covered participants
- 97th
- percentile by assets (of 139,258 plans)
- $1.0M
- avg assets per participant
The plan reported a net loss of $83M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Pennsylvania filers
In Pennsylvania, the average filing covers about 824 participants across 5,360 plans. Newage Industries, Inc. Employee Stock Ownership Plan reports 304 participants - about 37% of that state average ($310M EOY assets).
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $396M |
|---|---|
| Net Assets (End of Year) | $231M |
| Net Income | -$83M |
| Employer EIN | 231475225 |
| Plan Effective Date | 2006-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Newage Industries, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 548 | $328M |
| 2023 | 2 | 569 | $276M |
| 2024 | 2 | 521 | $318M |
Nearby ESOP Plans in Pennsylvania
Peer ESOP plans, same state, same plan type, ranked by total assets.
Newage Industries, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants
- Wawa, Inc. Employee Stock Ownership Plan $4.5B · 22,323
- Bradford White Corporation Employee Stock Ownership Plan and Trust Agreement $1.2B · 337
- Sheetz, Inc. Employee Stock Ownership Plan $534M · 12,847
- Centimark Corporation Employee Stock Ownership Plan and Trust $481M · 2,268
- L/B Water Service, Inc. Employee Stock Ownership Plan $201M · 192
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Newage Industries, Inc. Employee Stock Ownership Plan by total assets, not by location.
- Nibco Inc. Employee Stock Ownership Plan (IN) $310M · 1,233
- Rsr Employee Stock Ownership Plan (FL) $310M · 465
- Spencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership Plan (AZ) $309M · 235
- Abt Associates Inc. Employees Stock Ownership Plan (MA) $312M · 2,426
Frequently Asked Questions
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Filing takeaways
Ways to act on Newage Industries, Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Newage Industries, Inc. Employee Stock Ownership Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Pennsylvania. Compare plans
- Newage Industries, Inc.'s sponsor-wide assets have declined 2.8% since 2022 across 3 plan years on file. More Manufacturing plans