401(k)
2022 plan-year 401(k) DOL Form 5500

New Balance Athletics Employee Savings and Security Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by New Balance Athletic Shoe, Inc. · Massachusetts · Manufacturing

What the 2023 filing shows

New Balance Athletics Employee Savings and Security Plan holds $349M for 3,012 participants — about $115,966 per participant, down 14.9% over the 2022 plan year.

$349M
total plan assets (2022 EOY)
3,012
covered participants
$115,966
avg assets per participant
-14.9%
assets change YoY

The plan reported a net loss of $61M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$349M
Participants
3,012
Industry
Manufacturing

What the Filing Says About New Balance Athletics Employee Savings and Security Plan

New Balance Athletics Employee Savings and Security Plan is a 401(k) retirement plan sponsored by New Balance Athletic Shoe, Inc., headquartered in Massachusetts. As of the 2022 Form 5500 filing, the plan reports $349M in total end-of-year assets and covers 3,012 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 042460172, and the plan has been effective since 1990-09-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $410M at the beginning of 2022 to $349M at year-end — a decline of 14.9%. Net assets (after liabilities) closed the year at $349M, with reported net income of $-60,978,041 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$410M
Total Assets (End of Year)$349M
Net Assets (End of Year)$349M
Net Income$-60,978,041
Plan Type401(k)
Employer EIN042460172
Plan Effective Date1990-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (New Balance Athletic Shoe, Inc.)

Year Plans Participants Total Assets
2022 1 3,012 $349M
2023 1 3,685 $424M
2024 1 4,303 $493M

Nearby 401(k) Plans in Massachusetts

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

Frequently Asked Questions

How much money is in the New Balance Athletics Employee Savings and Security Plan?
As of the 2022 Form 5500 filing, New Balance Athletics Employee Savings and Security Plan holds $349M in total assets with 3,012 participants. It is sponsored by New Balance Athletic Shoe, Inc..
What type of plan is New Balance Athletics Employee Savings and Security Plan?
New Balance Athletics Employee Savings and Security Plan is a 401(k) plan. It has been effective since 1990-09-01. The plan is filed with the U.S. Department of Labor under EIN 042460172.
Who sponsors the New Balance Athletics Employee Savings and Security Plan?
New Balance Athletics Employee Savings and Security Plan is sponsored by New Balance Athletic Shoe, Inc., located in Massachusetts. The sponsor's EIN is 042460172 and the plan operates in the Manufacturing industry.
How did New Balance Athletics Employee Savings and Security Plan perform in 2022?
New Balance Athletics Employee Savings and Security Plan declined by 14.9% during 2022, moving from $410M to $349M in total assets. Net income was $-60,978,041.
Where can I find official filings for New Balance Athletics Employee Savings and Security Plan?
Official Form 5500 filings for New Balance Athletics Employee Savings and Security Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 042460172 or plan name at efast.dol.gov.
How does New Balance Athletics Employee Savings and Security Plan compare to other plans?
You can compare New Balance Athletics Employee Savings and Security Plan against other 401(k) plans on the plan type page, or view plans in Massachusetts on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 042460172.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.