Profit Sharing · DOL Form 5500 · 2023

New Day Asset Management, Inc. Profit Sharing Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
8
Participants Small participant base
30th
Percentile by assets National rank
$237,563
Avg per participant Above avg balance/head
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Official DOL plan name: New Day Asset Management, Inc. Profit Sharing Plan · Sponsored by New Day Asset Management, Inc. · Texas · Finance & Insurance

$2M in assets, 8 participants

New Day Asset Management, Inc.'s New Day Asset Management, Inc. Profit Sharing Plan reported $2M in total assets and 8 participants in its 2023 DOL Form 5500 filing, ranking in the 30th 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.

  • #1,795 in Finance & Insurance (8,869 peers)

New Day Asset Management, Inc. multi-year trail

New Day Asset Management, Inc.'s plans moved -11.1% in assets from 2022 to 2024; this filing shows New Day Asset Management, Inc. Profit Sharing Plan at $2M / 8 participants.

#1,795
in Finance & Insurance (8,869 peers)
-2.6%
assets change YoY

The plan reported a net loss of $51K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

New Day Asset Management, Inc. Profit Sharing Plan among the smaller filed plans by assets

New Day Asset Management, Inc. Profit Sharing Plan vs every filed plan by assets

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

$1,900,507 30th percentile higher than 30% 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

New Day Asset Management, Inc. Profit Sharing Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. New Day Asset Management, Inc. Profit Sharing Plan is a micro filing (8 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • New Day Asset Management, Inc. Profit Sharing Plan reported net income rose from -$294K in the plan year 2022 filing to -$51K in the plan year 2023 filing.
  • New Day Asset Management, Inc. Profit Sharing Plan reported participants rose from 5 in the plan year 2022 filing to 8 in the plan year 2023 filing.
  • New Day Asset Management, Inc. Profit Sharing Plan end-of-year assets fell from $2M in the plan year 2022 filing to $2M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 271752418 · New Day Asset Management, Inc. PY 2023 · Profit Sharing

New Day Asset Management, Inc. Profit Sharing Plan · $2M · 8 · 30th

  • NET $2M
  • BOOK 8
  • VS-ST 30th
  • BOY Profit Sharing
  • SCH near R & L Enterprises, Inc Profit Sharing Plan & Trust
  • EBSA ind #1795

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 Finance & Insurance retirement plans → · Plans in Texas →

New Day Asset Management, Inc. Profit Sharing Plan in the asset neighbourhood

New Day Asset Management, Inc. Profit Sharing PlanNew Day Asset Management, In…$2MR & L Enterprises, Inc Profit Sharing Plan & TrustR & L Enterprises, Inc Profi…$2MVocational Guidance Services and Affiliates Retirement PlanVocational Guidance Services…$2MAbccm Profit Sharing Plan and TrustAbccm Profit Sharing Plan an…$2MPrairie View Management, Inc. Employee Retirement PlanPrairie View Management, Inc…$2M
End-of-year total assets ($M) among New Day Asset Management, Inc. Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

New Day Asset Management, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All New Day Asset Management, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2M 11.142046863821875% vs 2022
2024 filing year
$1.7M$1.8M$1.9M$2M 202220232024 $1.95M $1.73M ▼ -11.3%
Year Plans Participants Total Assets
2022 1 5 $2M
2023 1 8 $2M
2024 1 8 $2M

New Day Asset Management, Inc. filing trail (2023)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income-$51K
Employer EIN271752418
Plan Effective Date2010-01-22
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Texas

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

New Day Asset Management, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -202468 Total assets ($B) Participants New Day Asset Management, Inc. Profit Sharing Plan, Total assets ($B): 0.001900507 · Participants: 8New Day Asset Management, Inc. Profit Sharing PlanSouthwest Airlines Co. Profitsharing Plan, Total assets ($B): 5.82182651 · Participants: 71461Southwest Airlines Co. Profitsharing PlanBaylor College of Medicine Retirement Plan, Total assets ($B): 1.714999292 · Participants: 10240Baylor College of Medicine Retirement PlanH-E-B Partner Stock Plan, Total assets ($B): 1.320262511 · Participants: 96911H-E-B Partner Stock PlanThe Defined Contribution Plan of the Methodist Hospital, Total assets ($B): 0.92297353 · Participants: 29678The Defined Contribution Plan of the Methodist HospitalAmerican Heart Association, Inc. Qualified Retirement Plan, Total assets ($B): 0.456894615 · Participants: 3455American Heart Association, Inc. Qualified Retirement Plan
New Day Asset Management, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Texas, assets vs. participants
Compare New Day Asset Management, Inc. Profit Sharing Plan side-by-side with 3 peers →

New Day Asset Management, Inc. Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Texas, the nearest Profit Sharing by assets is R & L Enterprises, Inc Profit Sharing Plan & Trust in CA ($2M); by covered participants it is Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan in NJ (8 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (8 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 New Day Asset Management, Inc. Profit Sharing Plan assets move in 2023? ▼
New Day Asset Management, Inc. Profit Sharing Plan edged down modestly - down 2.6% during 2023, from $2M to $2M. Reported net income was -$51K.
How have New Day Asset Management, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), New Day Asset Management, Inc.'s sponsor-wide assets declined 11.1%, from $2M to $2M.
Which Profit Sharing plans are similar in size to New Day Asset Management, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is R & L Enterprises, Inc Profit Sharing Plan & Trust in CA ($2M, 14 participants).
Which Profit Sharing plans cover a similar participant headcount to New Day Asset Management, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan in NJ (8 participants, $424K 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 271752418.

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.