401(k) · DOL Form 5500 · 2023

NEWFRONT 401(k) Plan

Data updated 2026-08-11

$95M
Total assets
785
Participants
91st
Percentile by assets
$121,179
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Newfront 401(k) Plan · Sponsored by NEWFRONT · California · Finance & Insurance

$95M in assets, 785 participants

NEWFRONT's Newfront 401(k) Plan reported $95M in total assets and 785 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.

  • 91st percentile by assets (of 127,072 plans)
  • #7,627 in Finance & Insurance (8,869 peers)

Where Newfront 401(k) Plan sits by assets

Newfront 401(k) Plan sits in the top 10% of all filed plans by assets, $95M for 785 participants (~$121,179/participant), up 40.1% in 2023.

$95M
total plan assets (2023 EOY)
785
covered participants
91st
percentile by assets (of 127,072 plans)
$121,179
avg assets per participant

Where Newfront 401(k) Plan sits by total assets

Newfront 401(k) Plan vs every filed plan by assets

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

$95,125,619 Top 9% higher than 91% 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

  • Newfront 401(k) Plan reported net income rose from $3M in the plan year 2022 filing to $27M in the plan year 2023 filing.
  • Newfront 401(k) Plan reported participants rose from 492 in the plan year 2022 filing to 785 in the plan year 2023 filing.
  • Newfront 401(k) Plan end-of-year assets rose from $68M in the plan year 2022 filing to $95M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
California
Industry
Finance & Insurance

Newfront 401(k) Plan vs the 2023 asset distribution

By assets, Newfront 401(k) Plan outranks 91% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.0x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$68M
Net Assets (End of Year)$95M
Net Income$27M
Employer EIN270673528
Plan Effective Date2011-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (NEWFRONT)

$60M$80M$100M$120M$140M 202220232024 $67.9M $117M ▲ +71.7%
Total plan assets by year, all NEWFRONT plans on file
Year Plans Participants Total Assets
2022 1 492 $68M
2023 1 785 $95M
2024 1 735 $117M

Nearby 401(k) Plans in California

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

Newfront 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Newfront 401(k) Plan, Total assets ($B): 0.095125619 · Participants: 785Newfront 401(k) PlanWells Fargo & Compan…, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Compan…Google LLC 401(k) Sa…, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Sa…Oracle Corporation 4…, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 4…Intel 401(k) Savings…, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings…Apple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Newfront 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Newfront 401(k) Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Newfront 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Newfront 401(k) Plan assets move in 2023? ▼
Newfront 401(k) Plan surged - up 40.1% during 2023, from $68M to $95M. Reported net income was $27M.
How have NEWFRONT plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), NEWFRONT's sponsor-wide assets grew 71.6%, from $68M to $117M.
Where does Newfront 401(k) Plan rank by assets among Form 5500 filers? ▼
Newfront 401(k) Plan ranks in the 91st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Newfront 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Meridian Cooperative Savings Plan in GA ($95M, 553 participants).

Next read for Newfront 401(k) Plan

Scale reading

Ways to act on Newfront 401(k) Plan'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 270673528.

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.