Profit Sharing · DOL Form 5500 · 2023
Nea Member Benefits Profit Sharing Plan
Data updated 2026-08-11
- $18M
- Total assets
- 64
- Participants
- 70th
- Percentile by assets
- $276,107
- Avg per participant
Official DOL plan name: Nea Member Benefits Defined Contribution Retirement Plan · Sponsored by Nea Member Benefits · Maryland · Administrative & Support Services
$18M in assets, 64 participants
Nea Member Benefits's Nea Member Benefits Defined Contribution Retirement Plan reported $18M in total assets and 64 participants in its 2023 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 127,072 plans)
- #3,703 in Administrative & Support Services (4,372 peers)
Nea Member Benefits multi-year trail
Nea Member Benefits's plans moved +43.4% in assets from 2022 to 2024; this filing shows Nea Member Benefits Defined Contribution Retirement Plan at $18M / 64 participants.
- $18M
- total plan assets (2023 EOY)
- 64
- covered participants
- 70th
- percentile by assets (of 127,072 plans)
- $276,107
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Nea Member Benefits Defined Contribution Retirement Plan reported net income rose from -$2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
- Nea Member Benefits Defined Contribution Retirement Plan end-of-year assets rose from $14M in the plan year 2022 filing to $18M in the plan year 2023 filing.
- Nea Member Benefits Defined Contribution Retirement Plan reported participants fell from 70 in the plan year 2022 filing to 64 in the plan year 2023 filing.
Nea Member Benefits across 3 plan years on file
Across the 3 plan years Nea Member Benefits has on file (2022-2024), sponsor-wide plan assets have moved from $14M to $21M, a gain of 43.4%, while reported participants moved from 70 to 59 (-15.7%). Peak year by sponsor assets: 2024 ($21M); trough: 2022 ($14M).
Nea Member Benefits multi-year asset trail
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 70 | $14M |
| 2023 | 1 | 64 | $18M |
| 2024 | 1 | 59 | $21M |
Nea Member Benefits filing trail (2023)
| Total Assets (Beginning of Year) | $14M |
|---|---|
| Net Assets (End of Year) | $18M |
| Net Income | $3M |
| Employer EIN | 520855767 |
| Plan Effective Date | 1992-01-01 |
| Filing Status | FILING RECEIVED |
Nearby Profit Sharing Plans in Maryland
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Nea Member Benefits Defined Contribution Retirement Plan vs. nearby Profit Sharing plans in Maryland, assets vs. participants
- Sprinkler Industry Supplemental Pension Fund $2.6B · 25,150
- Nfl Player Annuity Program $1.7B · 2,736
- Major League Baseball Players Investment Plan $1.1B · 4,293
- International Painters and Allied Trades Industry Annuity Plan $622M · 10,625
- Nfl Player Capital Accumulation Plan $617M · 2,701
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Nea Member Benefits Defined Contribution Retirement Plan by total assets, not by location.
Frequently Asked Questions
How did Nea Member Benefits Defined Contribution Retirement Plan assets move in 2023? ▼
How have Nea Member Benefits plan assets changed over time? ▼
Which Profit Sharing plans are similar in size to Nea Member Benefits Defined Contribution Retirement Plan? ▼
Next read for Nea Member Benefits Defined Contribution…
Multi-year trail
Ways to act on Nea Member Benefits Defined Contribution Retirement Plan's numbers.
- By total assets, Nea Member Benefits Defined Contribution Retirement Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Maryland. Compare plans
- Nea Member Benefits's sponsor-wide assets have grown 43.4% since 2022 across 3 plan years on file. More Administrative & Support Services plans