Profit Sharing · DOL Form 5500 · 2023

Nuway Alliance Profit Sharing Plan

Data updated 2026-08-11

$10M
Total assets
375
Participants
59th
Percentile by assets
$26,733
Avg per participant
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Official DOL plan name: Safe-Harbor 403(b) Thrift Plan for Employees of Nuway Alliance · Sponsored by Nuway Alliance · Minnesota · Healthcare & Social Assistance

$10M in assets, 375 participants

Nuway Alliance's Safe-Harbor 403(b) Thrift Plan for Employees of Nuway Alliance reported $10M in total assets and 375 participants in its 2023 DOL Form 5500 filing, ranking in the 59th 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.

  • 59th percentile by assets (of 127,072 plans)
  • #11,370 in Healthcare & Social Assistance (17,684 peers)

Coverage in Minnesota

Safe-Harbor 403(b) Thrift Plan for Employees of Nuway Alliance covers 375 participants in Minnesota, about 33% of the average Minnesota filer (state average ~1,126 per filing). Assets: $10M.

$10M
total plan assets (2023 EOY)
375
covered participants
59th
percentile by assets (of 127,072 plans)
$26,733
avg assets per participant

Where Safe-Harbor 403(b) Thrift Plan for Employees of Nuway Alliance sits by total assets

Safe-Harbor 403(b) Thrift Plan for Employees of Nuway Alliance vs every filed plan by assets

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

$10,024,978 Top 41% higher than 59% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Safe-Harbor 403(b) Thrift Plan for Employees of Nuway Alliance reported net income rose from $241K in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Safe-Harbor 403(b) Thrift Plan for Employees of Nuway Alliance reported participants rose from 239 in the plan year 2022 filing to 375 in the plan year 2023 filing.
  • Safe-Harbor 403(b) Thrift Plan for Employees of Nuway Alliance end-of-year assets rose from $7M in the plan year 2022 filing to $10M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Minnesota
Industry
Healthcare & Social Assistance

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Safe-Harbor 403(b) Thrift Plan for Employees of Nuway Alliance reports 375 participants - about 33% of that state average ($10M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$10M
Net Income$3M
Employer EIN842633989
Plan Effective Date2012-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nuway Alliance)

$6M$8M$10M$12M$14M 202220232024 $6.94M $12.4M ▲ +79.0%
Total plan assets by year, all Nuway Alliance plans on file
Year Plans Participants Total Assets
2022 1 239 $7M
2023 1 375 $10M
2024 1 341 $12M

Nearby Profit Sharing Plans in Minnesota

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

Safe-Harbor 403(b) Thrift Plan for Employees of Nuway Alliance vs. nearby Profit Sharing plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -0.500.511.522.5 Total assets ($B) Participants Safe-Harbor 403(b) T…, Total assets ($B): 0.010024978 · Participants: 375Safe-Harbor 403(b) T…Essentia Health Reti…, Total assets ($B): 1.947015983 · Participants: 15491Essentia Health Reti…Pipe Trades Services…, Total assets ($B): 1.617374084 · Participants: 6062Pipe Trades Services…Allina 403(b) Retire…, Total assets ($B): 0.905961651 · Participants: 9417Allina 403(b) Retire…Fairview Health Serv…, Total assets ($B): 0.609806339 · Participants: 4828Fairview Health Serv…Cargill Employee Ret…, Total assets ($B): 0.510990463 · Participants: 19870Cargill Employee Ret…
Safe-Harbor 403(b) Thrift Plan for Employees of Nuway Alliance vs. nearby Profit Sharing plans in Minnesota, assets vs. participants
Compare Safe-Harbor 403(b) Thrift Plan for Emplo… side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Safe-Harbor 403(b) Thrift Plan for Employees of Nuway Alliance by total assets, not by location.

Frequently Asked Questions

How did Safe-Harbor 403(b) Thrift Plan for Employees of Nuway Alliance assets move in 2023? ▼
Safe-Harbor 403(b) Thrift Plan for Employees of Nuway Alliance surged - up 44.5% during 2023, from $7M to $10M. Reported net income was $3M.
How have Nuway Alliance plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nuway Alliance's sponsor-wide assets grew 79.1%, from $7M to $12M.
Which Profit Sharing plans are similar in size to Safe-Harbor 403(b) Thrift Plan for Employees of Nuway Alliance? ▼
Among Profit Sharing plans in other states, the closest by assets is Oakland Zoo 403(b) Plan in CA ($10M, 346 participants).

Next read for Safe-Harbor 403(b) Thrift Plan for Emplo…

Filing takeaways

Ways to act on Safe-Harbor 403(b) Thrift Plan for Employees of Nuway Alliance's numbers.

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 842633989.

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.