401(k) · DOL Form 5500 · 2023

Newsela, Inc. 401(k) Plan

Data updated 2026-08-25

$26M
Total assets Below avg plan size
579
Participants Below avg headcount
77th
Percentile by assets National rank
$45,373
Avg per participant Low balance/head
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Official DOL plan name: Newsela, Inc. 401(k) Retirement Savings Plan · Sponsored by Newsela, Inc. · New York · Information & Media

$26M in assets, 579 participants

Newsela, Inc.'s Newsela, Inc. 401(k) Retirement Savings Plan reported $26M in total assets and 579 participants in its 2023 DOL Form 5500 filing, ranking in the 77th 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.

  • #1,930 in Information & Media (2,818 peers)

Where Newsela, Inc. 401(k) Retirement Savings Plan sits by assets

Newsela, Inc. 401(k) Retirement Savings Plan sits in the top quartile of all filed plans by assets, $26M for 579 participants (~$45,373/participant), up 35.3% in 2023.

#1,930
in Information & Media (2,818 peers)
+35.3%
assets growth YoY
0.3×
vs typical plan assets (national mean)

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

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

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

$26,270,820 Top 23% higher than 77% 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

Newsela, Inc. 401(k) Retirement Savings 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. Newsela, Inc. 401(k) Retirement Savings Plan sits mid-pack in the medium band (579 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Newsela, Inc. 401(k) Retirement Savings Plan reported net income rose from $2M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Newsela, Inc. 401(k) Retirement Savings Plan end-of-year assets rose from $19M in the plan year 2022 filing to $26M in the plan year 2023 filing.
  • Newsela, Inc. 401(k) Retirement Savings Plan reported participants fell from 618 in the plan year 2022 filing to 579 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 471882828 · Newsela, Inc. PY 2023 · 401(k)

Newsela, Inc. 401(k) Retirement Savings Plan · $26M · 579 · 77th

  • VS-ST $26M
  • BOY 579
  • SCH 77th
  • EBSA 401(k)
  • PART near Pha, LLC 401(k) Profit Sharing Plan
  • TYPE ind #1930

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 Information & Media retirement plans → · Plans in New York →

Newsela, Inc. 401(k) Retirement Savings Plan in the asset neighbourhood

Newsela, Inc. 401(k) Retirement Savings PlanNewsela, Inc. 401(k) Retirem…$26MPha, LLC 401(k) Profit Sharing PlanPha, LLC 401(k) Profit Shari…$26MMaine Community Bancorp 401(k) Retirement PlanMaine Community Bancorp 401(…$26MEmery & Sons Construction Group, LLC Retirement and Savings PlanEmery & Sons Construction Gr…$26MStewart & Tate Employees Profit Sharing PlanStewart & Tate Employees Pro…$26M
End-of-year total assets ($M) among Newsela, Inc. 401(k) Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$26M
Net Income$7M
Employer EIN471882828
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Newsela, Inc.)

Sponsor-wide plan assets over time

All Newsela, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$28M 42.77250975545861% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $19.4M $27.7M ▲ +42.7%
Year Plans Participants Total Assets
2022 1 618 $19M
2023 1 579 $26M
2024 1 421 $28M

Nearby 401(k) Plans in New York

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

Newsela, Inc. 401(k) Retirement Savings Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Newsela, Inc. 401(k) Retirement Savings Plan, Total assets ($B): 0.02627082 · Participants: 579Newsela, Inc. 401(k) Retirement Savings PlanIBM 401 (K) Plus Plan, Total assets ($B): 57.428456306 · Participants: 54912IBM 401 (K) Plus PlanPfizer Savings Plan, Total assets ($B): 19.56134085 · Participants: 30033Pfizer Savings PlanMorgan Stanley 401(k) Plan, Total assets ($B): 19.235068266 · Participants: 55363Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 13.651296 · Participants: 133597The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 11.428659742 · Participants: 24866The Goldman Sachs 401(k) Plan
Newsela, Inc. 401(k) Retirement Savings Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Newsela, Inc. 401(k) Retirement Savings Plan side-by-side with 3 peers →

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

Outside New York, the nearest 401(k) by assets is Pha, LLC 401(k) Profit Sharing Plan in NJ ($26M); by covered participants it is Mark-Taylor Development, Inc. 401(k) Plan in AZ (579 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (579 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 Newsela, Inc. 401(k) Retirement Savings Plan assets move in 2023? ▼
Newsela, Inc. 401(k) Retirement Savings Plan surged - up 35.3% during 2023, from $19M to $26M. Reported net income was $7M.
How have Newsela, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Newsela, Inc.'s sponsor-wide assets grew 42.8%, from $19M to $28M.
Where does Newsela, Inc. 401(k) Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Newsela, Inc. 401(k) Retirement Savings Plan ranks in the 77th 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 Newsela, Inc. 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Pha, LLC 401(k) Profit Sharing Plan in NJ ($26M, 138 participants).
Which 401(k) plans cover a similar participant headcount to Newsela, Inc. 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Mark-Taylor Development, Inc. 401(k) Plan in AZ (579 participants, $17M 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 471882828.

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.