Profit Sharing · DOL Form 5500 · 2023

Newton Clinic, P.C. Profit Sharing Plan

Data updated 2026-08-11

$18M
Total assets
42
Participants
71st
Percentile by assets
$429,915
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Newton Clinic, P.C. Profit Sharing Plan · Sponsored by Newton Clinic, P.C. · Iowa · Healthcare & Social Assistance

$18M in assets, 42 participants

Newton Clinic, P.C.'s Newton Clinic, P.C. Profit Sharing Plan reported $18M in total assets and 42 participants in its 2023 DOL Form 5500 filing, ranking in the 71st 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.

  • 71st percentile by assets (of 127,072 plans)
  • #13,333 in Healthcare & Social Assistance (17,684 peers)

Newton Clinic, P.C. multi-year trail

Newton Clinic, P.C.'s plans moved +25.6% in assets from 2022 to 2024; this filing shows Newton Clinic, P.C. Profit Sharing Plan at $18M / 42 participants.

$18M
total plan assets (2023 EOY)
42
covered participants
71st
percentile by assets (of 127,072 plans)
$429,915
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Newton Clinic, P.C. Profit Sharing Plan reported net income rose from -$1M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Newton Clinic, P.C. Profit Sharing Plan end-of-year assets rose from $13M in the plan year 2022 filing to $18M in the plan year 2023 filing.
  • Newton Clinic, P.C. Profit Sharing Plan reported participants fell from 49 in the plan year 2022 filing to 42 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Newton Clinic, P.C. across 3 plan years on file

Across the 3 plan years Newton Clinic, P.C. has on file (2022-2024), sponsor-wide plan assets have moved from $18M to $23M, a gain of 25.6%, while reported participants moved from 98 to 86 (-12.2%). Peak year by sponsor assets: 2023 ($24M); trough: 2022 ($18M).

Newton Clinic, P.C. multi-year asset trail

$16M$18M$20M$22M$24M$26M 202220232024 $18.3M $23M ▲ +25.6%
Total plan assets by year, all Newton Clinic, P.C. plans on file
Year Plans Participants Total Assets
2022 2 98 $18M
2023 2 84 $24M
2024 2 86 $23M

Newton Clinic, P.C. filing trail (2023)

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$18M
Net Income$5M
Employer EIN421131083
Plan Effective Date1974-12-30
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Iowa

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

Newton Clinic, P.C. Profit Sharing Plan vs. nearby Profit Sharing plans in Iowa, assets vs. participants

Newton Clinic, P.C. Profit Sharing Plan vs. nearby Profit Sharing plans in Iowa, assets vs. participants Scatter plot of 6 data points. 0100200300 1015202530 Total assets ($M) Participants Newton Clinic, P.C. …Medtec LLC 401(k) Re…Liberty Pattern Comp…Palmer Lutheran Heal…Ts Banking Group Sav…Hwh Corporation Empl…
Newton Clinic, P.C. Profit Sharing Plan vs. nearby Profit Sharing plans in Iowa, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Newton Clinic, P.C. Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Newton Clinic, P.C. Profit Sharing Plan assets move in 2023?
Newton Clinic, P.C. Profit Sharing Plan surged - up 34.1% during 2023, from $13M to $18M. Reported net income was $5M.
How have Newton Clinic, P.C. plan assets changed over time?
Across 3 plan years on file (2022-2024), Newton Clinic, P.C.'s sponsor-wide assets grew 25.6%, from $18M to $23M.
Which Profit Sharing plans are similar in size to Newton Clinic, P.C. Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Mid-Minnesota Legal Assistance 403(b) Retirement Plan in MN ($18M, 168 participants).

Next read for Newton Clinic, P.C. Profit Sharing Plan

Multi-year trail

Ways to act on Newton Clinic, P.C. Profit Sharing Plan's numbers.