401(k) · DOL Form 5500 · 2023

New England Controls, Inc. 401(k) Plan

Data updated 2026-08-25

$39M
Total assets Below avg plan size
472
Participants Below avg headcount
83rd
Percentile by assets National rank
$81,751
Avg per participant Below avg balance/head
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Official DOL plan name: New England Controls 401(k) Plan · Sponsored by New England Controls, Inc. · Massachusetts · Wholesale Trade

$39M in assets, 472 participants

New England Controls, Inc.'s New England Controls 401(k) Plan reported $39M in total assets and 472 participants in its 2023 DOL Form 5500 filing, ranking in the 83rd 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.

  • #5,227 in Wholesale Trade (6,309 peers)

Where New England Controls 401(k) Plan sits by assets

New England Controls 401(k) Plan sits in the top quartile of all filed plans by assets, $39M for 472 participants (~$81,751/participant), up 14.9% in 2023.

#5,227
in Wholesale Trade (6,309 peers)
+14.9%
assets growth YoY
0.4×
vs typical plan assets (national mean)

New England Controls 401(k) Plan's outsized position by total assets

New England Controls 401(k) Plan vs every filed plan by assets

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

$38,586,430 Top 17% higher than 83% 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 England Controls 401(k) 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. New England Controls 401(k) Plan sits mid-pack in the medium band (472 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • New England Controls 401(k) Plan reported net income rose from -$5M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • New England Controls 401(k) Plan reported participants rose from 404 in the plan year 2022 filing to 472 in the plan year 2023 filing.
  • New England Controls 401(k) Plan end-of-year assets rose from $34M in the plan year 2022 filing to $39M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 042389826 · New England Controls, Inc. PY 2023 · 401(k)

New England Controls 401(k) Plan · $39M · 472 · 83rd

  • SCH $39M
  • EBSA 472
  • PART 83rd
  • TYPE 401(k)
  • NET near Nyrstar Salaried 401(k) Plan
  • BOOK ind #5227

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 Wholesale Trade retirement plans → · Plans in Massachusetts →

New England Controls 401(k) Plan in the asset neighbourhood

New England Controls 401(k) PlanNew England Controls 401(k) …$39MFirst Northern Bank Profit Sharing 401(k) PlanFirst Northern Bank Profit S…$39MNyrstar Salaried 401(k) Plan$39MThe Hhhunt Savings and Retirement PlanThe Hhhunt Savings and Retir…$39MResource Management Concepts, Inc 401(k) PlanResource Management Concepts…$39M
End-of-year total assets ($M) among New England Controls 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$34M
Net Assets (End of Year)$39M
Net Income$5M
Employer EIN042389826
Plan Effective Date1993-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (New England Controls, Inc.)

Sponsor-wide plan assets over time

All New England Controls, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$129M 14.540010170911314% vs 2022
2024 filing year
$110M$115M$120M$125M$130M$135M 202220232024 $113M $129M ▲ +14.5%
Year Plans Participants Total Assets
2022 2 753 $113M
2023 2 918 $121M
2024 2 929 $129M

Nearby 401(k) Plans in Massachusetts

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

New England Controls 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants New England Controls 401(k) Plan, Total assets ($B): 0.03858643 · Participants: 472New England Controls 401(k) PlanFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
New England Controls 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare New England Controls 401(k) Plan side-by-side with 3 peers →

New England Controls 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Nyrstar Salaried 401(k) Plan in TN ($39M); by covered participants it is Mto 401(k) Profit Sharing Plan in CA (472 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($39M here).

Similar participant headcount

Nearest other-state filings by covered participants (472 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 England Controls 401(k) Plan assets move in 2023? ▼
New England Controls 401(k) Plan grew at a solid clip - up 14.9% during 2023, from $34M to $39M. Reported net income was $5M.
How have New England Controls, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), New England Controls, Inc.'s sponsor-wide assets grew 14.5%, from $113M to $129M.
Where does New England Controls 401(k) Plan rank by assets among Form 5500 filers? ▼
New England Controls 401(k) Plan ranks in the 83rd 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 New England Controls 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Nyrstar Salaried 401(k) Plan in TN ($39M, 338 participants).
Which 401(k) plans cover a similar participant headcount to New England Controls 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Mto 401(k) Profit Sharing Plan in CA (472 participants, $219M 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 042389826.

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.