Newsbank Retirement Savings Plan
ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.
Sponsored by Newsbank, Inc. · Vermont · Information & Media
What the 2023 filing shows
Newsbank Retirement Savings Plan holds $52M for 345 participants — about $150,180 per participant, up 20.6% over the 2023 plan year.
- $52M
- total plan assets (2023 EOY)
- 345
- covered participants
- $150,180
- avg assets per participant
- +20.6%
- assets growth YoY
What the Filing Says About Newsbank Retirement Savings Plan
Newsbank Retirement Savings Plan is a Profit Sharing retirement plan sponsored by Newsbank, Inc., headquartered in Vermont. As of the 2023 Form 5500 filing, the plan reports $52M in total end-of-year assets and covers 345 participants across the Information & Media industry. The sponsor's EIN on file with the U.S. Department of Labor is 061084869, and the plan has been effective since 1990-01-01. Its filing status is currently FILING RECEIVED.
Year over year, total assets moved from $43M at the beginning of 2023 to $52M at year-end — a gain of 20.6%. Net assets (after liabilities) closed the year at $52M, with reported net income of $9M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.
Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.
Financial Summary (2023)
| Total Assets (Beginning of Year) | $43M |
| Total Assets (End of Year) | $52M |
| Net Assets (End of Year) | $52M |
| Net Income | $9M |
| Plan Type | Profit Sharing |
| Employer EIN | 061084869 |
| Plan Effective Date | 1990-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Newsbank, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 340 | $43M |
| 2023 | 1 | 345 | $52M |
| 2024 | 1 | 338 | $59M |
Nearby Profit Sharing Plans in Vermont
Peer Profit Sharing plans — same state, same plan type — ranked by total assets.
- Middlebury College Voluntary Retirement Plan $294M · 1,104
- Norwich University Defined Contribution Retirement Plan $170M · 1,126
- Retirement Plan for Employees of Saint Michael's College $90M · 894
- World Learning, Inc. Retirement Plan $89M · 464
- Northwestern Medical Center, Inc. 403(b) Plan $80M · 709
Related Data
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Frequently Asked Questions
How much money is in the Newsbank Retirement Savings Plan? ▼
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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 061084869.
Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.
Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.
Read our methodology — how this data is sourced, computed, and verified.