401(k) · DOL Form 5500 · 2023

New American Funding, LLC 401(k) Plan

Data updated 2026-08-25

$121M
Total assets Near avg plan size
3,394
Participants Above avg headcount
92nd
Percentile by assets National rank
$35,668
Avg per participant Low balance/head
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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.

  • #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.

#7,831
in Finance & Insurance (8,869 peers)
+23.8%
assets growth YoY
1.2×
vs typical plan assets (national mean)

New American Funding, LLC 401(k) Plan's outsized position 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

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 American Funding, LLC 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. New American Funding, LLC 401(k) Plan lands in the large band (3,394 participants).

What changed between DOL Form 5500 filings

plan year 2022 → 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 →

Form 5500 schedule snapshot

Filing strip 010726495 · New American Funding, LLC PY 2023 · 401(k)

New American Funding, LLC 401(k) Plan · $121M · 3,394 · 92nd

  • IND $121M
  • EOY 3,394
  • 5500 92nd
  • ASSETS 401(k)
  • PCT near IBEW Local Union No. 520 Annuity Plan
  • EIN ind #7831

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 Finance & Insurance retirement plans → · Plans in California →

New American Funding, LLC 401(k) Plan in the asset neighbourhood

Sheet Metal Workers Local Union No. 80 Annuity FundSheet Metal Workers Local Un…$121MIBEW Local Union No. 520 Annuity PlanIBEW Local Union No. 520 Ann…$121MNew American Funding, LLC 401(k) PlanNew American Funding, LLC 40…$121MPinebridge 401(k) Retirement Savings PlanPinebridge 401(k) Retirement…$121MApogee Medical Group Inc 401(k) PlanApogee Medical Group Inc 401…$121M
End-of-year total assets ($M) among New American Funding, LLC 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$98M
Net Assets (End of Year)$121M
Net Income$23M
Employer EIN010726495
Plan Effective Date2011-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (New American Funding, LLC)

Sponsor-wide plan assets over time

All New American Funding, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$148M 51.76761167748152% vs 2022
2024 filing year
$80M$100M$120M$140M$160M 202220232024 $97.8M $148M ▲ +51.8%
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 Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants New American Funding, LLC 401(k) Plan, Total assets ($B): 0.121056472 · Participants: 3394New American Funding, LLC 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
New American Funding, LLC 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare New American Funding, LLC 401(k) Plan side-by-side with 3 peers →

New American Funding, LLC 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is IBEW Local Union No. 520 Annuity Plan in NM ($121M); by covered participants it is The Marquis 401(k) Savings Plan in OR (3,395 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($121M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,394 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 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).
Which 401(k) plans cover a similar participant headcount to New American Funding, LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Marquis 401(k) Savings Plan in OR (3,395 participants, $72M 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 010726495.

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.