Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

403(B) THRIFT PLAN OF NUWAY ALLIANCE

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

NUWAY ALLIANCE

This Profit Sharing plan holds $7M in total assets and serves 239 participants as of 2022. It is sponsored by NUWAY ALLIANCE in Minnesota. The plan reported positive net income of $241K for the year.

Total Assets (2023)
$7M
Participants
239
State
Industry
Healthcare & Social Assistance

What the Filing Says About 403(B) THRIFT PLAN OF NUWAY ALLIANCE

403(B) THRIFT PLAN OF NUWAY ALLIANCE is a Profit Sharing retirement plan sponsored by NUWAY ALLIANCE, headquartered in Minnesota. As of the 2022 Form 5500 filing, the plan reports $7M in total end-of-year assets and covers 239 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 842633989, and the plan has been effective since 2012-12-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $7M at the beginning of 2022 to $7M at year-end — a gain of 3.6%. Net assets (after liabilities) closed the year at $7M, with reported net income of $241K 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)$7M
Total Assets (End of Year)$7M
Net Assets (End of Year)$7M
Net Income$241K
Plan TypeProfit Sharing
Employer EIN842633989
Plan Effective Date2012-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (NUWAY ALLIANCE)

Year Plans Participants Total Assets
2022 1 239 $7M
2023 1 375 $10M
2024 1 341 $12M

Nearby Profit Sharing Plans in Minnesota

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

Frequently Asked Questions

How much money is in the 403(B) THRIFT PLAN OF NUWAY ALLIANCE?
As of the 2022 Form 5500 filing, 403(B) THRIFT PLAN OF NUWAY ALLIANCE holds $7M in total assets with 239 participants. It is sponsored by NUWAY ALLIANCE.
What type of plan is 403(B) THRIFT PLAN OF NUWAY ALLIANCE?
403(B) THRIFT PLAN OF NUWAY ALLIANCE is a Profit Sharing plan. It has been effective since 2012-12-01. The plan is filed with the U.S. Department of Labor under EIN 842633989.
Who sponsors the 403(B) THRIFT PLAN OF NUWAY ALLIANCE?
403(B) THRIFT PLAN OF NUWAY ALLIANCE is sponsored by NUWAY ALLIANCE, located in Minnesota. The sponsor's EIN is 842633989 and the plan operates in the Healthcare & Social Assistance industry.
How did 403(B) THRIFT PLAN OF NUWAY ALLIANCE perform in 2022?
403(B) THRIFT PLAN OF NUWAY ALLIANCE grew by 3.6% during 2022, moving from $7M to $7M in total assets. Net income was $241K.
Where can I find official filings for 403(B) THRIFT PLAN OF NUWAY ALLIANCE?
Official Form 5500 filings for 403(B) THRIFT PLAN OF NUWAY ALLIANCE are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 842633989 or plan name at efast.dol.gov.
How does 403(B) THRIFT PLAN OF NUWAY ALLIANCE compare to other plans?
You can compare 403(B) THRIFT PLAN OF NUWAY ALLIANCE against other Profit Sharing plans on the plan type page, or view plans in Minnesota 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 842633989.

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 official public datasets. See our methodology for details.