401(k) · DOL Form 5500 · 2023

New Choices, Inc. 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
224
Participants Below avg headcount
41st
Percentile by assets National rank
$18,389
Avg per participant Low balance/head
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Official DOL plan name: New Choices, Inc. 401(k) Retirement Plan · Sponsored by New Choices, Inc. · Iowa · Healthcare & Social Assistance

$4M in assets, 224 participants

New Choices, Inc.'s New Choices, Inc. 401(k) Retirement Plan reported $4M in total assets and 224 participants in its 2023 DOL Form 5500 filing, ranking in the 41st 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.

  • #7,723 in Healthcare & Social Assistance (17,684 peers)

Coverage in Iowa

New Choices, Inc. 401(k) Retirement Plan covers 224 participants in Iowa, about 37% of the average Iowa filer (state average ~609 per filing). Assets: $4M.

#7,723
in Healthcare & Social Assistance (17,684 peers)
+19.2%
assets growth YoY

New Choices, Inc. 401(k) Retirement Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

New Choices, Inc. 401(k) Retirement Plan vs every filed plan by assets

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

$4,119,025 41st percentile higher than 41% 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 Choices, Inc. 401(k) 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. New Choices, Inc. 401(k) Retirement Plan sits mid-pack in the medium band (224 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • New Choices, Inc. 401(k) Retirement Plan reported net income rose from -$378K in the plan year 2022 filing to $664K in the plan year 2023 filing.
  • New Choices, Inc. 401(k) Retirement Plan end-of-year assets rose from $3M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • New Choices, Inc. 401(k) Retirement Plan reported participants rose from 199 in the plan year 2022 filing to 224 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 421444827 · New Choices, Inc. PY 2023 · 401(k)

New Choices, Inc. 401(k) Retirement Plan · $4M · 224 · 41st

  • EOY $4M
  • EOY 224
  • EOY 41st
  • EOY 401(k)
  • EOY near Firemens Association of the State of New York 401(k) Retirement Plan
  • EOY ind #7723

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 Healthcare & Social Assistance retirement plans → · Plans in Iowa →

New Choices, Inc. 401(k) Retirement Plan in the asset neighbourhood

New Choices, Inc. 401(k) Retirement PlanNew Choices, Inc. 401(k) Ret…$4MFiremens Association of the State of New York 401(k) Retirement PlanFiremens Association of the …$4MWilliamt Mccallum Cpa PC Savings Incentive PlanWilliamt Mccallum Cpa PC Sav…$4MFirst Place for Youth 401(k) PlanFirst Place for Youth 401(k)…$4MF.G. Healthcare Properties, LLC 401(k) PlanF.G. Healthcare Properties, …$4M
End-of-year total assets ($M) among New Choices, Inc. 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Iowa filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$4M
Net Income$664K
Employer EIN421444827
Plan Effective Date2003-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (New Choices, Inc.)

Sponsor-wide plan assets over time

All New Choices, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$5M 36.52747312539053% vs 2022
2024 filing year
$3M$3.5M$4M$4.5M$5M 202220232024 $3.46M $4.72M ▲ +36.4%
Year Plans Participants Total Assets
2022 1 199 $3M
2023 1 224 $4M
2024 1 233 $5M

Nearby 401(k) Plans in Iowa

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

New Choices, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -1012345 Total assets ($B) Participants New Choices, Inc. 401(k) Retirement Plan, Total assets ($B): 0.004119025 · Participants: 224New Choices, Inc. 401(k) Retirement PlanThe Principal Select Savings Plan, Total assets ($B): 4.134174305 · Participants: 12827The Principal Select Savings PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 2.955731563 · Participants: 28959Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 2.941182172 · Participants: 56181The Hy-Vee and Affiliates 401(k) PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 2.890404508 · Participants: 14720The Rsm US LLP Retirement PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.425600114 · Participants: 6999Transamerica 401(k) Retirement Savings Plan
New Choices, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
Compare New Choices, Inc. 401(k) Retirement Plan side-by-side with 3 peers →

New Choices, Inc. 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Iowa, the nearest 401(k) by assets is Firemens Association of the State of New York 401(k) Retirement Plan in NY ($4M); by covered participants it is Egomotion Corp. 401(k) Plan in CA (224 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (224 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 Choices, Inc. 401(k) Retirement Plan assets move in 2023? ▼
New Choices, Inc. 401(k) Retirement Plan grew sharply - up 19.2% during 2023, from $3M to $4M. Reported net income was $664K.
How have New Choices, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), New Choices, Inc.'s sponsor-wide assets grew 36.5%, from $3M to $5M.
Which 401(k) plans are similar in size to New Choices, Inc. 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Firemens Association of the State of New York 401(k) Retirement Plan in NY ($4M, 127 participants).
Which 401(k) plans cover a similar participant headcount to New Choices, Inc. 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Egomotion Corp. 401(k) Plan in CA (224 participants, $4M 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 421444827.

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.