Profit Sharing · DOL Form 5500 · 2022

Hare, Wynn, Newell & Newton, LLP Profit Sharing Plan

Data updated 2026-08-11

$13M
Total assets
47
Participants
70th
Percentile by assets
$280,213
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Hare, Wynn, Newell & Newton, LLP Profit Sharing Plan · Sponsored by Hare, Wynn, Newell & Newton, LLP · Alabama · Professional & Technical Services

$13M in assets, 47 participants

Hare, Wynn, Newell & Newton, LLP's Hare, Wynn, Newell & Newton, LLP Profit Sharing Plan reported $13M in total assets and 47 participants in its 2022 DOL Form 5500 filing, ranking in the 70th 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.

  • 70th percentile by assets (of 139,126 plans)
  • #15,008 in Professional & Technical Services (21,562 peers)

2022 asset change

Hare, Wynn, Newell & Newton, LLP Profit Sharing Plan contracted severely 37.5% in 2022 ($21M → $13M) for 47 participants.

$13M
total plan assets (2022 EOY)
47
covered participants
70th
percentile by assets (of 139,126 plans)
$280,213
avg assets per participant

The plan reported a net loss of $8M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

2022 asset move for Hare, Wynn, Newell & Newton, LLP Profit Sharing Plan

Year over year, total assets contracted severely from $21M at the start of 2022 to $13M at year-end (down 37.5%). Net assets closed at $13M; reported net income -$8M.

Hare, Wynn, Newell & Newton, LLP years around the 2022 move

$12.5M$13M$13.5M$14M$14.5M 202220232024 $13.2M $12.6M ▼ -4.0%
Total plan assets by year, all Hare, Wynn, Newell & Newton, LLP plans on file
Year Plans Participants Total Assets
2022 1 47 $13M
2023 1 32 $14M
2024 1 27 $13M

2022 asset-move particulars

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$13M
Net Income-$8M
Employer EIN630334355
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Alabama

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Hare, Wynn, Newell & Newton, LLP Profit Sharing Plan vs. nearby Profit Sharing plans in Alabama, assets vs. participants

Hare, Wynn, Newell & Newton, LLP Profit Sharing Plan vs. nearby Profit Sharing plans in Alabama, assets vs. participants Scatter plot of 6 data points. -10000100020003000 10203040 Total assets ($M) Participants Hare, Wynn, Newell &…The Health Care Auth…Pathology Associates…Radiology Associates…Auto Investment, Inc…Aerie Aerospace 401(…
Hare, Wynn, Newell & Newton, LLP Profit Sharing Plan vs. nearby Profit Sharing plans in Alabama, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Hare, Wynn, Newell & Newton, LLP Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Hare, Wynn, Newell & Newton, LLP Profit Sharing Plan assets move in 2022?
Hare, Wynn, Newell & Newton, LLP Profit Sharing Plan contracted severely - down 37.5% during 2022, from $21M to $13M. Reported net income was -$8M.
How have Hare, Wynn, Newell & Newton, LLP plan assets changed over time?
Across 3 plan years on file (2022-2024), Hare, Wynn, Newell & Newton, LLP's sponsor-wide assets declined 4.0%, from $13M to $13M.
Which Profit Sharing plans are similar in size to Hare, Wynn, Newell & Newton, LLP Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Hellas Construction, Inc 401(k) Plan in TX ($13M, 1,015 participants).

Next read for Hare, Wynn, Newell & Newton, LLP Profit …

2022 change

Ways to act on Hare, Wynn, Newell & Newton, LLP Profit Sharing Plan's numbers.