401(k) · DOL Form 5500 · 2023

New American Funding, LLC 401(k) Plan

Data updated 2026-08-11

$121M
Total assets: 3,394
Participants: 92nd
Percentile by assets: $35,668
Avg per participant

Official DOL plan name: New American Funding, LLC 401(k) Plan · Sponsored by New American Funding, LLC · California · Finance & Insurance

$121M in assets, 3,394 participants

New American Funding, LLC's New American Funding, LLC 401(k) Plan reported $121M in total assets and 3,394 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

92nd percentile by assets (of 127,072 plans)
#7,831 in Finance & Insurance (8,869 peers)

Coverage in California

New American Funding, LLC 401(k) Plan covers 3,394 participants in California, 5.4x the typical California plan (state average ~630 per filing). Assets: $121M.

$121M
total plan assets (2023 EOY): 3,394
covered participants: 92nd
percentile by assets (of 127,072 plans): $35,668
avg assets per participant

Where New American Funding, LLC 401(k) Plan sits by total assets

New American Funding, LLC 401(k) Plan vs every filed plan by assets

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

$121,056,472 Top 8% higher than 92% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

New American Funding, LLC 401(k) Plan reported net income rose from -$5M in the plan year 2022 filing to $23M in the plan year 2023 filing.
New American Funding, LLC 401(k) Plan end-of-year assets rose from $98M in the plan year 2022 filing to $121M in the plan year 2023 filing.
New American Funding, LLC 401(k) Plan reported participants fell from 4,410 in the plan year 2022 filing to 3,394 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

California

Industry

Finance & Insurance

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. New American Funding, LLC 401(k) Plan reports 3,394 participants - 5.4x that state average ($121M EOY assets).

California filing particulars

Total Assets (Beginning of Year)	$98M
Net Assets (End of Year)	$121M
Net Income	$23M
Employer EIN	010726495
Plan Effective Date	2011-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (New American Funding, LLC)

Total plan assets by year, all New American Funding, LLC plans on file

Year	Plans	Participants	Total Assets
2022	1	4,410	$98M
2023	1	3,394	$121M
2024	1	3,738	$148M

Nearby 401(k) Plans in California

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

New American Funding, LLC 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Wells Fargo & Company 401(k) Plan $51.8B · 193,919
Google LLC 401(k) Savings Plan $39.0B · 122,867
Oracle Corporation 401(k) Savings and Investment Plan $26.3B · 63,105
Intel 401(k) Savings Plan $22.2B · 59,863
Apple 401(k) Plan $19.8B · 106,111

Compare New American Funding, LLC 401(k) Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to New American Funding, LLC 401(k) Plan by total assets, not by location.

IBEW Local Union No. 520 Annuity Plan (NM) $121M · 3,818
Pinebridge 401(k) Retirement Savings Plan (NY) $121M · 258
Apogee Medical Group Inc 401(k) Plan (AZ) $121M · 991
Sheet Metal Workers Local Union No. 80 Annuity Fund (MI) $121M · 1,712

Frequently Asked Questions

How did New American Funding, LLC 401(k) Plan assets move in 2023? ▼

New American Funding, LLC 401(k) Plan grew sharply - up 23.8% during 2023, from $98M to $121M. Reported net income was $23M.

How have New American Funding, LLC plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), New American Funding, LLC's sponsor-wide assets grew 51.8%, from $98M to $148M.

Where does New American Funding, LLC 401(k) Plan rank by assets among Form 5500 filers? ▼

New American Funding, LLC 401(k) Plan ranks in the 92nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).

Which 401(k) plans are similar in size to New American Funding, LLC 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is IBEW Local Union No. 520 Annuity Plan in NM ($121M, 3,818 participants).

Next read for New American Funding, LLC 401(k) Plan

Filing takeaways

Ways to act on New American Funding, LLC 401(k) Plan's numbers.

By total assets, New American Funding, LLC 401(k) Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in California. Compare plans
New American Funding, LLC's sponsor-wide assets have grown 51.8% since 2022 across 3 plan years on file. More Finance & Insurance plans

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 010726495.