ESOP · DOL Form 5500 · 2023

New Energy Works of Rochester, Inc. ESOP

Data updated 2026-08-25

$5M
Total assets Small plan by assets
135
Participants Small participant base
45th
Percentile by assets National rank
$38,105
Avg per participant Low balance/head
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Official DOL plan name: New Energy Works Employee Stock Ownership Plan · Sponsored by New Energy Works of Rochester, Inc. · New York · Manufacturing

$5M in assets, 135 participants

New Energy Works of Rochester, Inc.'s New Energy Works Employee Stock Ownership Plan reported $5M in total assets and 135 participants in its 2023 DOL Form 5500 filing, ranking in the 45th 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.

  • #5,261 in Manufacturing (18,722 peers)

Coverage in New York

New Energy Works Employee Stock Ownership Plan covers 135 participants in New York, about 17% of the average New York filer (state average ~798 per filing). Assets: $5M.

#5,261
in Manufacturing (18,722 peers)
+68.1%
assets growth YoY

New Energy Works Employee Stock Ownership Plan's mid-pack asset rank among Manufacturing and all filers

New Energy Works Employee Stock Ownership Plan vs every filed plan by assets

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

$5,144,221 45th percentile higher than 45% 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 Energy Works Employee Stock Ownership 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 Energy Works Employee Stock Ownership Plan sits mid-pack in the medium band (135 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • New Energy Works Employee Stock Ownership Plan reported net income rose from $501K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • New Energy Works Employee Stock Ownership Plan end-of-year assets rose from $3M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • New Energy Works Employee Stock Ownership Plan reported participants rose from 132 in the plan year 2022 filing to 135 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 161212128 · New Energy Works of Rochester, Inc. PY 2023 · ESOP

New Energy Works Employee Stock Ownership Plan · $5M · 135 · 45th

  • BOY $5M
  • SCH 135
  • EBSA 45th
  • PART ESOP
  • TYPE near Tradesmen Holdings Company, Inc. Employee Stock Ownership Plan
  • NET ind #5261

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 What is an ESOP? → · Plans in New York →

New Energy Works Employee Stock Ownership Plan in the asset neighbourhood

Door Components, Inc. ESOP$5MNew Energy Works Employee Stock Ownership PlanNew Energy Works Employee St…$5MTradesmen Holdings Company, Inc. Employee Stock Ownership PlanTradesmen Holdings Company, …$5MCranes & Equipment Corp. Employee Stock Ownership Plan and TrustCranes & Equipment Corp. Emp…$5MOpportunities for Positive Growth, Inc. Employee Stock Ownership PlanOpportunities for Positive G…$5M
End-of-year total assets ($M) among New Energy Works Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$4M
Net Income$2M
Employer EIN161212128
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (New Energy Works of Rochester, Inc.)

Sponsor-wide plan assets over time

All New Energy Works of Rochester, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$16M 43.4817356267813% vs 2022
2024 filing year
$10M$12M$14M$16M$18M 202220232024 $11.5M $16.5M ▲ +43.4%
Year Plans Participants Total Assets
2022 2 241 $11M
2023 2 255 $16M
2024 2 276 $16M

Nearby ESOP Plans in New York

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

New Energy Works Employee Stock Ownership Plan vs. nearby ESOP plans in New York, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -20002004006008001000 Total assets ($M) Participants New Energy Works Employee Stock Ownership Plan, Total assets ($M): 5.144221 · Participants: 135New Energy Works Employee Stock Ownership PlanStewart's Shops Corp Employee Stock Ownership Plan, Total assets ($M): 876.57583 · Participants: 3439Stewart's Shops Corp Employee Stock Ownership PlanNorth Coast Holdings Employee Stock Ownership Plan, Total assets ($M): 406.002646 · Participants: 4467North Coast Holdings Employee Stock Ownership PlanGriffon Corporation Employee Stock Ownership Plan, Total assets ($M): 298.738533 · Participants: 3674Griffon Corporation Employee Stock Ownership PlanGreenman-Pedersen, Inc. Employee Stock Ownership Plan, Total assets ($M): 247.681611 · Participants: 1704Greenman-Pedersen, Inc. Employee Stock Ownership PlanH.C. Wainwright & Co. Employee Stock Ownership Plan, Total assets ($M): 241.736533 · Participants: 93H.C. Wainwright & Co. Employee Stock Ownership Plan
New Energy Works Employee Stock Ownership Plan vs. nearby ESOP plans in New York, assets vs. participants
Compare New Energy Works Employee Stock Ownership Plan side-by-side with 3 peers →

New Energy Works Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside New York, the nearest ESOP by assets is Tradesmen Holdings Company, Inc. Employee Stock Ownership Plan in OH ($5M); by covered participants it is Badger Corrugating Employee Stock Ownership Plan in WI (135 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (135 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 Energy Works Employee Stock Ownership Plan assets move in 2023? ▼
New Energy Works Employee Stock Ownership Plan surged - up 68.1% during 2023, from $3M to $5M. Reported net income was $2M.
How have New Energy Works of Rochester, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), New Energy Works of Rochester, Inc.'s sponsor-wide assets grew 43.5%, from $11M to $16M.
Which ESOP plans are similar in size to New Energy Works Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Tradesmen Holdings Company, Inc. Employee Stock Ownership Plan in OH ($5M, 59 participants).
Which ESOP plans cover a similar participant headcount to New Energy Works Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Badger Corrugating Employee Stock Ownership Plan in WI (135 participants, $14M 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 161212128.

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.