Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Newpark Resources, Inc. Savings & Investment Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Newpark Resources, Inc. · Texas · Mining & Oil Extraction

What the 2023 filing shows

Newpark Resources, Inc. Savings & Investment Plan holds $75M for 711 participants — about $105,194 per participant, down 19.5% over the 2022 plan year.

$75M
total plan assets (2022 EOY)
711
covered participants
$105,194
avg assets per participant
-19.5%
assets change YoY

The plan reported a net loss of $18M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$75M
Participants
711
State
Industry
Mining & Oil Extraction

What the Filing Says About Newpark Resources, Inc. Savings & Investment Plan

Newpark Resources, Inc. Savings & Investment Plan is a Profit Sharing retirement plan sponsored by Newpark Resources, Inc., headquartered in Texas. As of the 2022 Form 5500 filing, the plan reports $75M in total end-of-year assets and covers 711 participants across the Mining & Oil Extraction industry. The sponsor's EIN on file with the U.S. Department of Labor is 721123385, and the plan has been effective since 1988-05-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $93M at the beginning of 2022 to $75M at year-end — a decline of 19.5%. Net assets (after liabilities) closed the year at $75M, with reported net income of $-18,159,405 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)$93M
Total Assets (End of Year)$75M
Net Assets (End of Year)$75M
Net Income$-18,159,405
Plan TypeProfit Sharing
Employer EIN721123385
Plan Effective Date1988-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Newpark Resources, Inc.)

Year Plans Participants Total Assets
2022 1 711 $75M
2023 1 636 $83M
2024 1 625 $45M

Nearby Profit Sharing Plans in Texas

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Newpark Resources, Inc. Savings & Investment Plan?
As of the 2022 Form 5500 filing, Newpark Resources, Inc. Savings & Investment Plan holds $75M in total assets with 711 participants. It is sponsored by Newpark Resources, Inc..
What type of plan is Newpark Resources, Inc. Savings & Investment Plan?
Newpark Resources, Inc. Savings & Investment Plan is a Profit Sharing plan. It has been effective since 1988-05-01. The plan is filed with the U.S. Department of Labor under EIN 721123385.
Who sponsors the Newpark Resources, Inc. Savings & Investment Plan?
Newpark Resources, Inc. Savings & Investment Plan is sponsored by Newpark Resources, Inc., located in Texas. The sponsor's EIN is 721123385 and the plan operates in the Mining & Oil Extraction industry.
How did Newpark Resources, Inc. Savings & Investment Plan perform in 2022?
Newpark Resources, Inc. Savings & Investment Plan declined by 19.5% during 2022, moving from $93M to $75M in total assets. Net income was $-18,159,405.
Where can I find official filings for Newpark Resources, Inc. Savings & Investment Plan?
Official Form 5500 filings for Newpark Resources, Inc. Savings & Investment Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 721123385 or plan name at efast.dol.gov.
How does Newpark Resources, Inc. Savings & Investment Plan compare to other plans?
You can compare Newpark Resources, Inc. Savings & Investment Plan against other Profit Sharing plans on the plan type page, or view plans in Texas on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 721123385.

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.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.