401(k) · DOL Form 5500 · 2023

New Era Life Insurance Company 401(k) Plan

Data updated 2026-08-25

$24M
Total assets Small plan by assets
331
Participants Below avg headcount
76th
Percentile by assets National rank
$71,829
Avg per participant Below avg balance/head
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Official DOL plan name: New Era Life Insurance Company 401(k) Profit Sharing Plan & Trust · Sponsored by New Era Life Insurance Company · Texas · Finance & Insurance

$24M in assets, 331 participants

New Era Life Insurance Company's New Era Life Insurance Company 401(k) Profit Sharing Plan & Trust reported $24M in total assets and 331 participants in its 2023 DOL Form 5500 filing, ranking in the 76th 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.

  • #5,604 in Finance & Insurance (8,869 peers)

Coverage in Texas

New Era Life Insurance Company 401(k) Profit Sharing Plan & Trust covers 331 participants in Texas, about 48% of the average Texas filer (state average ~688 per filing). Assets: $24M.

#5,604
in Finance & Insurance (8,869 peers)
+11.3%
assets growth YoY
0.2×
vs typical plan assets (national mean)

New Era Life Insurance Company 401(k) Profit Sharing Plan & Trust's outsized position by total assets

New Era Life Insurance Company 401(k) Profit Sharing Plan & Trust vs every filed plan by assets

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

$23,775,564 Top 24% higher than 76% 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 Era Life Insurance Company 401(k) Profit Sharing Plan & Trust 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 Era Life Insurance Company 401(k) Profit Sharing Plan & Trust sits mid-pack in the medium band (331 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • New Era Life Insurance Company 401(k) Profit Sharing Plan & Trust reported net income rose from -$3M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • New Era Life Insurance Company 401(k) Profit Sharing Plan & Trust end-of-year assets rose from $21M in the plan year 2022 filing to $24M in the plan year 2023 filing.
  • New Era Life Insurance Company 401(k) Profit Sharing Plan & Trust reported participants rose from 310 in the plan year 2022 filing to 331 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 742552025 · New Era Life Insurance Company PY 2023 · 401(k)

New Era Life Insurance Company 401(k) Profit Sharing Plan & Trust · $24M · 331 · 76th

  • PCT $24M
  • EIN 331
  • RANK 76th
  • PHOTO 401(k)
  • IND near The Vantage Group Retirement Plan
  • EOY ind #5604

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 Texas →

New Era Life Insurance Company 401(k) Profit Sharing Plan & Trust in the asset neighbourhood

New Era Life Insurance Company 401(k) Profit Sharing Plan & TrustNew Era Life Insurance Compa…$24MThe Vantage Group Retirement PlanThe Vantage Group Retirement…$24MInserv 401(k) Plan$24MMrs. Gerry's Kitchen, LLC 401(k) Profit Sharing Retirement PlanMrs. Gerry's Kitchen, LLC 40…$24MJda 401(k) Plan$24M
End-of-year total assets ($M) among New Era Life Insurance Company 401(k) Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$24M
Net Income$2M
Employer EIN742552025
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (New Era Life Insurance Company)

Sponsor-wide plan assets over time

All New Era Life Insurance Company plans reported in each filing year

Latest sponsor-wide plan assets
$27M 24.238381544751235% vs 2022
2024 filing year
$20M$22M$24M$26M$28M 202220232024 $21.4M $26.5M ▲ +24.3%
Year Plans Participants Total Assets
2022 1 310 $21M
2023 1 331 $24M
2024 1 319 $27M

Nearby 401(k) Plans in Texas

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

New Era Life Insurance Company 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants New Era Life Insurance Company 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.023775564 · Participants: 331New Era Life Insurance Company 401(k) Profit Sharing Plan & TrustAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
New Era Life Insurance Company 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Texas, assets vs. participants
Compare New Era Life Insurance Company 401(k) Profit Sharing Plan & Trust side-by-side with 3 peers →

New Era Life Insurance Company 401(k) Profit Sharing Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is The Vantage Group Retirement Plan in NY ($24M); by covered participants it is Wectec 401(k) Savings Plan in PA (331 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($24M here).

Similar participant headcount

Nearest other-state filings by covered participants (331 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 Era Life Insurance Company 401(k) Profit Sharing Plan & Trust assets move in 2023? ▼
New Era Life Insurance Company 401(k) Profit Sharing Plan & Trust grew at a solid clip - up 11.3% during 2023, from $21M to $24M. Reported net income was $2M.
How have New Era Life Insurance Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), New Era Life Insurance Company's sponsor-wide assets grew 24.2%, from $21M to $27M.
Where does New Era Life Insurance Company 401(k) Profit Sharing Plan & Trust rank by assets among Form 5500 filers? ▼
New Era Life Insurance Company 401(k) Profit Sharing Plan & Trust ranks in the 76th 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 Era Life Insurance Company 401(k) Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by assets is The Vantage Group Retirement Plan in NY ($24M, 438 participants).
Which 401(k) plans cover a similar participant headcount to New Era Life Insurance Company 401(k) Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Wectec 401(k) Savings Plan in PA (331 participants, N/A 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 742552025.

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.