ESOP · DOL Form 5500 · 2022

Newage Industries, Inc. ESOP

Data updated 2026-08-25

$310M
Total assets Above avg plan size
304
Participants Below avg headcount
97th
Percentile by assets National rank
$1.0M
Avg per participant High balance/head
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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.

  • #19,568 in Manufacturing (20,602 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 ~822 per filing). Assets: $310M.

#19,568
in Manufacturing (20,602 peers)
-21.7%
assets change YoY
3.1×
vs typical plan assets (national mean)

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.

Newage Industries, Inc. Employee Stock Ownership Plan's outsized position by total assets

Newage Industries, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$310,383,492 Top 3% higher than 97% 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

Newage Industries, Inc. Employee Stock Ownership 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. Newage Industries, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (304 participants).

EBSA filing schedule strip

Filing strip 231475225 · Newage Industries, Inc. PY 2022 · ESOP

Newage Industries, Inc. Employee Stock Ownership Plan · $310M · 304 · 97th

  • PHOTO $310M
  • IND 304
  • EOY 97th
  • 5500 ESOP
  • ASSETS near Nibco Inc. Employee Stock Ownership Plan
  • PCT ind #19568

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 What is an ESOP? → · Plans in Pennsylvania →

Newage Industries, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Abt Associates Inc. Employees Stock Ownership PlanAbt Associates Inc. Employee…$312MNewage Industries, Inc. Employee Stock Ownership PlanNewage Industries, Inc. Empl…$310MNibco Inc. Employee Stock Ownership PlanNibco Inc. Employee Stock Ow…$310MRsr Employee Stock Ownership PlanRsr Employee Stock Ownership…$310MSpencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership PlanSpencer's Air Conditioning &…$309M
End-of-year total assets ($M) among Newage Industries, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$396M
Net Assets (End of Year)$231M
Net Income-$83M
Employer EIN231475225
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Newage Industries, Inc.)

Sponsor-wide plan assets over time

All Newage Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$318M 2.8159103297975574% vs 2022
2024 filing year
$260M$280M$300M$320M$340M 202220232024 $328M $318M ▼ -2.8%
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 Scatter plot of 6 data points. -50000500010000150002000025000 -1012345 Total assets ($B) Participants Newage Industries, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.310383492 · Participants: 304Newage Industries, Inc. Employee Stock Ownership PlanWawa, Inc. Employee Stock Ownership Plan, Total assets ($B): 4.519811811 · Participants: 22323Wawa, Inc. Employee Stock Ownership PlanBradford White Corporation Employee Stock Ownership Plan and Trust Agreement, Total assets ($B): 1.154561341 · Participants: 337Bradford White Corporation Employee Stock Ownership Plan and Trust AgreementSheetz, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.533697969 · Participants: 12847Sheetz, Inc. Employee Stock Ownership PlanCentimark Corporation Employee Stock Ownership Plan and Trust, Total assets ($B): 0.48126732 · Participants: 2268Centimark Corporation Employee Stock Ownership Plan and TrustL/B Water Service, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.20057115 · Participants: 192L/B Water Service, Inc. Employee Stock Ownership Plan
Newage Industries, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants
Compare Newage Industries, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Newage Industries, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Pennsylvania, the nearest ESOP by assets is Nibco Inc. Employee Stock Ownership Plan in IN ($310M); by covered participants it is Greene Light Holding Company Employee Stock Ownership Plan in WI (304 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (304 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 Newage Industries, Inc. Employee Stock Ownership Plan assets move in 2022? ▼
Newage Industries, Inc. Employee Stock Ownership Plan declined sharply - down 21.7% during 2022, from $396M to $310M. Reported net income was -$83M.
How have Newage Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Newage Industries, Inc.'s sponsor-wide assets declined 2.8%, from $328M to $318M.
Where does Newage Industries, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Newage Industries, Inc. Employee Stock Ownership Plan ranks in the 97th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which ESOP plans are similar in size to Newage Industries, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Nibco Inc. Employee Stock Ownership Plan in IN ($310M, 1,233 participants).
Which ESOP plans cover a similar participant headcount to Newage Industries, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Greene Light Holding Company Employee Stock Ownership Plan in WI (304 participants, $7M 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 231475225.

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.