401(k) · DOL Form 5500 · 2022

New England Controls, Inc. 401(k) Plan

Data updated 2026-08-25

$34M
Total assets Below avg plan size
404
Participants Below avg headcount
84th
Percentile by assets National rank
$83,145
Avg per participant Below avg balance/head
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Official DOL plan name: New England Controls 401(k) Plan · Sponsored by New England Controls, Inc. · Massachusetts · Wholesale Trade

$34M in assets, 404 participants

New England Controls, Inc.'s New England Controls 401(k) Plan reported $34M in total assets and 404 participants in its 2022 DOL Form 5500 filing, ranking in the 84th 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.

  • #5,770 in Wholesale Trade (6,843 peers)

Where New England Controls 401(k) Plan sits by assets

New England Controls 401(k) Plan sits in the top quartile of all filed plans by assets, $34M for 404 participants (~$83,145/participant), down 12.2% in 2022.

#5,770
in Wholesale Trade (6,843 peers)
-12.2%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

New England Controls 401(k) Plan's outsized position by total assets

New England Controls 401(k) Plan vs every filed plan by assets

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

$33,590,485 Top 16% higher than 84% 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 England Controls 401(k) 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 England Controls 401(k) Plan sits mid-pack in the medium band (404 participants).

Plan-year Form 5500 strip

Filing strip 042389826 · New England Controls, Inc. PY 2022 · 401(k)

New England Controls 401(k) Plan · $34M · 404 · 84th

  • VS-ST $34M
  • BOY 404
  • SCH 84th
  • EBSA 401(k)
  • PART near Western Holding Group, Inc. Profit Sharing & 401(k) Plan
  • TYPE ind #5770

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 Wholesale Trade retirement plans → · Plans in Massachusetts →

New England Controls 401(k) Plan in the asset neighbourhood

New England Controls 401(k) PlanNew England Controls 401(k) …$34MWestern Holding Group, Inc. Profit Sharing & 401(k) PlanWestern Holding Group, Inc. …$34MStonemor Retirement and Savings PlanStonemor Retirement and Savi…$34MIbotta, Inc. 401(k) Plan$34MSugar Cane Growers Cooperative of Florida Retirement Savings PlanSugar Cane Growers Cooperati…$34M
End-of-year total assets ($M) among New England Controls 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$38M
Net Assets (End of Year)$34M
Net Income-$5M
Employer EIN042389826
Plan Effective Date1993-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (New England Controls, Inc.)

Sponsor-wide plan assets over time

All New England Controls, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$129M 14.540010170911314% vs 2022
2024 filing year
$110M$115M$120M$125M$130M$135M 202220232024 $113M $129M ▲ +14.5%
Year Plans Participants Total Assets
2022 2 753 $113M
2023 2 918 $121M
2024 2 929 $129M

Nearby 401(k) Plans in Massachusetts

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

New England Controls 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -100102030 Total assets ($B) Participants New England Controls 401(k) Plan, Total assets ($B): 0.033590485 · Participants: 404New England Controls 401(k) PlanFidelity Retirement Savings Plan, Total assets ($B): 22.953563448 · Participants: 52036Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 8.79802945 · Participants: 32843Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 5.810585521 · Participants: 13690Massachusetts Institute of Technology Supplemental 401(k) PlanPhilips North America 401(k) Plan, Total assets ($B): 5.180251859 · Participants: 19750Philips North America 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 4.853752256 · Participants: 18359Boston Scientific Corporation 401(k) Retirement Savings Plan
New England Controls 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

New England Controls 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Western Holding Group, Inc. Profit Sharing & 401(k) Plan in MO ($34M); by covered participants it is Dmc Global Inc. 401(k) Plan in CO (404 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (404 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 England Controls 401(k) Plan assets move in 2022?
New England Controls 401(k) Plan pulled back noticeably - down 12.2% during 2022, from $38M to $34M. Reported net income was -$5M.
How have New England Controls, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), New England Controls, Inc.'s sponsor-wide assets grew 14.5%, from $113M to $129M.
Where does New England Controls 401(k) Plan rank by assets among Form 5500 filers?
New England Controls 401(k) Plan ranks in the 84th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to New England Controls 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Western Holding Group, Inc. Profit Sharing & 401(k) Plan in MO ($34M, 594 participants).
Which 401(k) plans cover a similar participant headcount to New England Controls 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Dmc Global Inc. 401(k) Plan in CO (404 participants, $42M in assets).