401(k) · DOL Form 5500 · 2023

Newman Technology, Inc. 401(k) Plan

Data updated 2026-08-25

$62M
Total assets Below avg plan size
952
Participants Near avg headcount
88th
Percentile by assets National rank
$64,820
Avg per participant Low balance/head
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Official DOL plan name: Newman Technology, Inc. 401(k) Savings & Retirement Plan · Sponsored by Newman Technology, Inc. · Ohio · Manufacturing

$62M in assets, 952 participants

Newman Technology, Inc.'s Newman Technology, Inc. 401(k) Savings & Retirement Plan reported $62M in total assets and 952 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • #15,297 in Manufacturing (18,722 peers)

Where Newman Technology, Inc. 401(k) Savings & Retirement Plan sits by assets

Newman Technology, Inc. 401(k) Savings & Retirement Plan sits in the top quartile of all filed plans by assets, $62M for 952 participants (~$64,820/participant), up 16.5% in 2023.

#15,297
in Manufacturing (18,722 peers)
+16.5%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Newman Technology, Inc. 401(k) Savings & Retirement Plan's outsized position by total assets

Newman Technology, Inc. 401(k) Savings & Retirement Plan vs every filed plan by assets

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

$61,708,336 Top 12% higher than 88% of 127,068 filed plans

This plan $0 $2,050,000,000 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

Newman Technology, Inc. 401(k) Savings & Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Newman Technology, Inc. 401(k) Savings & Retirement Plan sits mid-pack in the medium band (952 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Newman Technology, Inc. 401(k) Savings & Retirement Plan reported net income rose from -$17M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Newman Technology, Inc. 401(k) Savings & Retirement Plan end-of-year assets rose from $53M in the plan year 2022 filing to $62M in the plan year 2023 filing.
  • Newman Technology, Inc. 401(k) Savings & Retirement Plan reported participants fell from 1,017 in the plan year 2022 filing to 952 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 341561117 · Newman Technology, Inc. PY 2023 · 401(k)

Newman Technology, Inc. 401(k) Savings & Retirement Plan · $62M · 952 · 88th

  • 5500 $62M
  • ASSETS 952
  • PCT 88th
  • EIN 401(k)
  • RANK near Universal Electronics, Inc. 401(k) and Profit Sharing Plan
  • PHOTO ind #15297

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Ohio →

Newman Technology, Inc. 401(k) Savings & Retirement Plan in the asset neighbourhood

Newman Technology, Inc. 401(k) Savings & Retirement PlanNewman Technology, Inc. 401(…$62MUniversal Electronics, Inc. 401(k) and Profit Sharing PlanUniversal Electronics, Inc. …$62MStg International, Inc. 401(k) Retirement Savings PlanStg International, Inc. 401(…$62MHea Clinic, P.a. 401(k) Plan$62MNorth American Dental Management, LLC 401(k) PlanNorth American Dental Manage…$62M
End-of-year total assets ($M) among Newman Technology, Inc. 401(k) Savings & Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$53M
Net Assets (End of Year)$62M
Net Income$9M
Employer EIN341561117
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Newman Technology, Inc.)

Sponsor-wide plan assets over time

All Newman Technology, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$72M 34.999715025192906% vs 2022
2024 filing year
$50M$60M$70M$80M 202220232024 $53M $71.5M ▲ +35.0%
Year Plans Participants Total Assets
2022 1 1,017 $53M
2023 1 952 $62M
2024 1 1,119 $72M

Nearby 401(k) Plans in Ohio

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

Newman Technology, Inc. 401(k) Savings & Retirement Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Newman Technology, Inc. 401(k) Savings & Retirement Plan, Total assets ($B): 0.061708336 · Participants: 952Newman Technology, Inc. 401(k) Savings & Retirement PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
Newman Technology, Inc. 401(k) Savings & Retirement Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Newman Technology, Inc. 401(k) Savings & Retirement Plan side-by-side with 3 peers →

Newman Technology, Inc. 401(k) Savings & Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Universal Electronics, Inc. 401(k) and Profit Sharing Plan in AZ ($62M); by covered participants it is Floworks 401(k) Plan in TX (952 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (952 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Newman Technology, Inc. 401(k) Savings & Retirement Plan assets move in 2023? ▼
Newman Technology, Inc. 401(k) Savings & Retirement Plan grew sharply - up 16.5% during 2023, from $53M to $62M. Reported net income was $9M.
How have Newman Technology, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Newman Technology, Inc.'s sponsor-wide assets grew 35.0%, from $53M to $72M.
Where does Newman Technology, Inc. 401(k) Savings & Retirement Plan rank by assets among Form 5500 filers? ▼
Newman Technology, Inc. 401(k) Savings & Retirement Plan ranks in the 88th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Newman Technology, Inc. 401(k) Savings & Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Universal Electronics, Inc. 401(k) and Profit Sharing Plan in AZ ($62M, 202 participants).
Which 401(k) plans cover a similar participant headcount to Newman Technology, Inc. 401(k) Savings & Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Floworks 401(k) Plan in TX (952 participants, $75M in assets).

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 341561117.

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.