Profit Sharing · DOL Form 5500 · 2023

Newfane Lumber & Manufacturing Co., Inc. Profit Sharing Plan

Data updated 2026-08-11

$8M
Total assets
13
Participants
53rd
Percentile by assets
$606,560
Avg per participant
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Official DOL plan name: Newfane Lumber Profit Sharing Plan · Sponsored by Newfane Lumber & Manufacturing Co., Inc. · New York · Retail Trade

$8M in assets, 13 participants

Newfane Lumber & Manufacturing Co., Inc.'s Newfane Lumber Profit Sharing Plan reported $8M in total assets and 13 participants in its 2023 DOL Form 5500 filing, ranking in the 53rd 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.

  • 53rd percentile by assets (of 127,072 plans)
  • #5,371 in Retail Trade (8,414 peers)

Newfane Lumber & Manufacturing Co., Inc. multi-year trail

Newfane Lumber & Manufacturing Co., Inc.'s plans moved +16.8% in assets from 2022 to 2024; this filing shows Newfane Lumber Profit Sharing Plan at $8M / 13 participants.

$8M
total plan assets (2023 EOY)
13
covered participants
53rd
percentile by assets (of 127,072 plans)
$606,560
avg assets per participant

Where Newfane Lumber Profit Sharing Plan sits by total assets

Newfane Lumber Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$7,885,280 Top 47% higher than 53% of 127,068 filed plans

This plan $0 $2,010,000,000 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 2023

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Newfane Lumber Profit Sharing Plan reported net income rose from -$1M in the plan year 2022 filing to $795K in the plan year 2023 filing.
  • Newfane Lumber Profit Sharing Plan end-of-year assets rose from $7M in the plan year 2022 filing to $8M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
New York
Industry
Retail Trade

Newfane Lumber & Manufacturing Co., Inc. across 3 plan years on file

Across the 3 plan years Newfane Lumber & Manufacturing Co., Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $7M to $8M, a gain of 16.8%, while reported participants moved from 13 to 12 (-7.7%). Peak year by sponsor assets: 2024 ($8M); trough: 2022 ($7M).

Newfane Lumber & Manufacturing Co., Inc. multi-year asset trail

$7M$7.5M$8M$8.5M 202220232024 $7.15M $8.36M ▲ +16.9%
Total plan assets by year, all Newfane Lumber & Manufacturing Co., Inc. plans on file
Year Plans Participants Total Assets
2022 1 13 $7M
2023 1 13 $8M
2024 1 12 $8M

Newfane Lumber & Manufacturing Co., Inc. filing trail (2023)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$8M
Net Income$795K
Employer EIN160569070
Plan Effective Date1994-11-15
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in New York

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

Newfane Lumber Profit Sharing Plan vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -0.500.511.522.5 Total assets ($B) Participants Newfane Lumber Profi…, Total assets ($B): 0.00788528 · Participants: 13Newfane Lumber Profi…Annuity Plan of the …, Total assets ($B): 2.210433172 · Participants: 18907Annuity Plan of the …Annuity Fund Iuoe Lo…, Total assets ($B): 1.870067356 · Participants: 3402Annuity Fund Iuoe Lo…Annuity Fd of the Iu…, Total assets ($B): 1.660408686 · Participants: 5807Annuity Fd of the Iu…The Research Foundat…, Total assets ($B): 1.177491602 · Participants: 10120The Research Foundat…Mason Tenders Distri…, Total assets ($B): 0.912972009 · Participants: 11237Mason Tenders Distri…
Newfane Lumber Profit Sharing Plan vs. nearby Profit Sharing plans in New York, assets vs. participants
Compare Newfane Lumber Profit Sharing Plan side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Newfane Lumber Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Newfane Lumber Profit Sharing Plan assets move in 2023? ▼
Newfane Lumber Profit Sharing Plan grew at a solid clip - up 10.2% during 2023, from $7M to $8M. Reported net income was $795K.
How have Newfane Lumber & Manufacturing Co., Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Newfane Lumber & Manufacturing Co., Inc.'s sponsor-wide assets grew 16.8%, from $7M to $8M.
Which Profit Sharing plans are similar in size to Newfane Lumber Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Eye Clinic of Bellevue Profit Sharing Plan in WA ($8M, 26 participants).

Next read for Newfane Lumber Profit Sharing Plan

Multi-year trail

Ways to act on Newfane Lumber Profit Sharing Plan's numbers.

  • By total assets, Newfane Lumber Profit Sharing Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in New York. Compare plans
  • Newfane Lumber & Manufacturing Co., Inc.'s sponsor-wide assets have grown 16.8% since 2022 across 3 plan years on file. More Retail Trade plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 160569070.

Read our methodology - how this data is sourced, computed, and verified.

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