401(k) · DOL Form 5500 · 2022

National Development Associates of New England, Inc. 401(k) Plan

Data updated 2026-08-11

$60M
Total assets
308
Participants
89th
Percentile by assets
$195,287
Avg per participant
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Official DOL plan name: National Development Associates of New England & Affiliates 401(k) Profit Sharing Plan & Trust · Sponsored by National Development Associates of New England, Inc. · Massachusetts · Construction

$60M in assets, 308 participants

National Development Associates of New England, Inc.'s National Development Associates of New England & Affiliates 401(k) Profit Sharing Plan & Trust reported $60M in total assets and 308 participants in its 2022 DOL Form 5500 filing, ranking in the 89th 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.

  • 89th percentile by assets (of 139,126 plans)
  • #8,710 in Construction (9,927 peers)

Coverage in Massachusetts

National Development Associates of New England & Affiliates 401(k) Profit Sharing Plan & Trust covers 308 participants in Massachusetts, about 47% of the average Massachusetts filer (state average ~659 per filing). Assets: $60M.

$60M
total plan assets (2022 EOY)
308
covered participants
89th
percentile by assets (of 139,126 plans)
$195,287
avg assets per participant

The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Industry

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. National Development Associates of New England & Affiliates 401(k) Profit Sharing Plan & Trust reports 308 participants - about 47% of that state average ($60M EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)$70M
Net Assets (End of Year)$60M
Net Income-$10M
Employer EIN043142739
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (National Development Associates of New England, Inc.)

$55M$60M$65M$70M$75M 202220232024 $60.2M $72.6M ▲ +20.8%
Total plan assets by year, all National Development Associates of New England, Inc. plans on file
Year Plans Participants Total Assets
2022 1 308 $60M
2023 1 289 $70M
2024 1 239 $73M

Nearby 401(k) Plans in Massachusetts

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

National Development Associates of New England & Affiliates 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Massachusetts, assets vs. participants

National Development Associates of New England & Affiliates 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -100102030 Total assets ($B) Participants National Development…Fidelity Retirement …Liberty Mutual 401(k…Massachusetts Instit…Philips North Americ…Boston Scientific Co…
National Development Associates of New England & Affiliates 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to National Development Associates of New England & Affiliates 401(k) Profit Sharing Plan & Trust by total assets, not by location.

Frequently Asked Questions

How did National Development Associates of New England & Affiliates 401(k) Profit Sharing Plan & Trust assets move in 2022?
National Development Associates of New England & Affiliates 401(k) Profit Sharing Plan & Trust pulled back noticeably - down 14.4% during 2022, from $70M to $60M. Reported net income was -$10M.
How have National Development Associates of New England, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), National Development Associates of New England, Inc.'s sponsor-wide assets grew 20.8%, from $60M to $73M.
Where does National Development Associates of New England & Affiliates 401(k) Profit Sharing Plan & Trust rank by assets among Form 5500 filers?
National Development Associates of New England & Affiliates 401(k) Profit Sharing Plan & Trust ranks in the 89th 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 National Development Associates of New England & Affiliates 401(k) Profit Sharing Plan & Trust?
Among 401(k) plans in other states, the closest by assets is Cks Packaging, Inc. 401(k) Plan in GA ($60M, 2,066 participants).

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Filing takeaways

Ways to act on National Development Associates of New England & Affiliates 401(k) Profit Sharing Plan & Trust's numbers.

  • By total assets, National Development Associates of New England & Affiliates 401(k) Profit Sharing Plan & Trust ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Massachusetts. Compare plans
  • National Development Associates of New England, Inc.'s sponsor-wide assets have grown 20.8% since 2022 across 3 plan years on file. More Construction plans