Profit Sharing · DOL Form 5500 · 2023

Newport Sales, Inc. Profit Sharing Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
4
Participants Small participant base
55th
Percentile by assets National rank
$2.1M
Avg per participant High balance/head
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Official DOL plan name: Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan · Sponsored by Newport Sales, Inc. · New York · Retail Trade

$8M in assets, 4 participants

Newport Sales, Inc.'s Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan reported $8M in total assets and 4 participants in its 2023 DOL Form 5500 filing, ranking in the 55th 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.

  • #5,502 in Retail Trade (8,414 peers)

Newport Sales, Inc. multi-year trail

Newport Sales, Inc.'s plans moved +72.4% in assets from 2022 to 2024; this filing shows Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan at $8M / 4 participants.

#5,502
in Retail Trade (8,414 peers)
+38.9%
assets growth YoY

Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan's mid-pack asset rank among Retail Trade and all filers

Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan vs every filed plan by assets

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

$8,438,264 Top 45% higher than 55% 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

Newport Sales, Inc./M&h Cosmetics, 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. Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan is a micro filing (4 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan reported net income rose from -$4M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan end-of-year assets rose from $6M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan reported participants fell from 5 in the plan year 2022 filing to 4 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 112636504 · Newport Sales, Inc. PY 2023 · Profit Sharing

Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan · $8M · 4 · 55th

  • RANK $8M
  • RANK 4
  • RANK 55th
  • RANK Profit Sharing
  • RANK near Insulators Local 41 Supplemental Pension Fund Plan
  • RANK ind #5502

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 Retail Trade retirement plans → · Plans in New York →

Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan in the asset neighbourhood

Dahl & Groezinger, Inc. Profit Sharing PlanDahl & Groezinger, Inc. Prof…$8MCarrion, Laffitte & Cassellas, Inc. Retirement PlanCarrion, Laffitte & Cassella…$8MNewport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing PlanNewport Sales, Inc./M&h Cosm…$8MInsulators Local 41 Supplemental Pension Fund PlanInsulators Local 41 Suppleme…$8MConnors Investor Services, Inc. Profit Sharing PlanConnors Investor Services, I…$8M
End-of-year total assets ($M) among Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Newport Sales, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Newport Sales, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$10M 72.39097330396285% vs 2022
2024 filing year
$4M$6M$8M$10M$12M 202220232024 $6.07M $10.5M ▲ +72.5%
Year Plans Participants Total Assets
2022 1 5 $6M
2023 1 4 $8M
2024 1 4 $10M

Newport Sales, Inc. filing trail (2023)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$8M
Net Income$2M
Employer EIN112636504
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in New York

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

Newport Sales, Inc./M&h Cosmetics, Inc. 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 ($B) Participants Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan, Total assets ($B): 0.008438264 · Participants: 4Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing PlanAnnuity Plan of the Electrical Industry, Total assets ($B): 2.210433172 · Participants: 18907Annuity Plan of the Electrical IndustryAnnuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO, Total assets ($B): 1.870067356 · Participants: 3402Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIOAnnuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO, Total assets ($B): 1.660408686 · Participants: 5807Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIOThe Research Foundation for Suny Retirement Plan, Total assets ($B): 1.177491602 · Participants: 10120The Research Foundation for Suny Retirement PlanMason Tenders District Council Annuity Fund, Total assets ($B): 0.912972009 · Participants: 11237Mason Tenders District Council Annuity Fund
Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in New York, assets vs. participants
Compare Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan side-by-side with 3 peers →

Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside New York, the nearest Profit Sharing by assets is Insulators Local 41 Supplemental Pension Fund Plan in OH ($8M); by covered participants it is Atraz Johnson Profit Sharing Plan in OR (4 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (4 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 Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan assets move in 2023? ▼
Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan surged - up 38.9% during 2023, from $6M to $8M. Reported net income was $2M.
How have Newport Sales, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Newport Sales, Inc.'s sponsor-wide assets grew 72.4%, from $6M to $10M.
Which Profit Sharing plans are similar in size to Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Insulators Local 41 Supplemental Pension Fund Plan in OH ($8M, 107 participants).
Which Profit Sharing plans cover a similar participant headcount to Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Atraz Johnson Profit Sharing Plan in OR (4 participants, $930K 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 112636504.

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.