ESOP · DOL Form 5500 · 2023

New Road Schools of New Jersey Inc. ESOP

Data updated 2026-08-11

$11M
Total assets
101
Participants
60th
Percentile by assets
$104,446
Avg per participant
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Official DOL plan name: New Road Schools of New Jersey, Inc Employee Stock Ownership Plan · Sponsored by New Road Schools of New Jersey Inc. · New Jersey · Educational Services

$11M in assets, 101 participants

New Road Schools of New Jersey Inc.'s New Road Schools of New Jersey, Inc Employee Stock Ownership Plan reported $11M in total assets and 101 participants in its 2023 DOL Form 5500 filing, ranking in the 60th 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.

  • 60th percentile by assets (of 127,072 plans)
  • #1,607 in Educational Services (3,735 peers)

Coverage in New Jersey

New Road Schools of New Jersey, Inc Employee Stock Ownership Plan covers 101 participants in New Jersey, about 12% of the average New Jersey filer (state average ~844 per filing). Assets: $11M.

$11M
total plan assets (2023 EOY)
101
covered participants
60th
percentile by assets (of 127,072 plans)
$104,446
avg assets per participant

Where New Road Schools of New Jersey, Inc Employee Stock Ownership Plan sits by total assets

New Road Schools of New Jersey, Inc Employee Stock Ownership Plan vs every filed plan by assets

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

$10,549,096 Top 40% higher than 60% 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

  • New Road Schools of New Jersey, Inc Employee Stock Ownership Plan reported net income fell from $526K in the plan year 2022 filing to $144K in the plan year 2023 filing.
  • New Road Schools of New Jersey, Inc Employee Stock Ownership Plan reported participants fell from 113 in the plan year 2022 filing to 101 in the plan year 2023 filing.
  • New Road Schools of New Jersey, Inc Employee Stock Ownership Plan end-of-year assets rose from $10M in the plan year 2022 filing to $11M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs New Jersey filers

In New Jersey, the average filing covers about 844 participants across 4,145 plans. New Road Schools of New Jersey, Inc Employee Stock Ownership Plan reports 101 participants - about 12% of that state average ($11M EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$11M
Net Income$144K
Employer EIN223449747
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (New Road Schools of New Jersey Inc.)

$23M$24M$25M$26M 202220232024 $23.7M $25.6M ▲ +8.2%
Total plan assets by year, all New Road Schools of New Jersey Inc. plans on file
Year Plans Participants Total Assets
2022 2 238 $24M
2023 2 234 $25M
2024 2 246 $26M

Nearby ESOP Plans in New Jersey

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

New Road Schools of New Jersey, Inc Employee Stock Ownership Plan vs. nearby ESOP plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 0500100015002000 -1000100200300400500 Total assets ($M) Participants New Road Schools of …, Total assets ($M): 10.549096 · Participants: 101New Road Schools of …Okonite Company Empl…, Total assets ($M): 420.904787 · Participants: 1127Okonite Company Empl…Mathematica Group Ho…, Total assets ($M): 309.109417 · Participants: 1571Mathematica Group Ho…Conair LLC Savings a…, Total assets ($M): 300.696739 · Participants: 1050Conair LLC Savings a…Amboy Bancorporation…, Total assets ($M): 106.542135 · Participants: 193Amboy Bancorporation…Columbia Bank Employ…, Total assets ($M): 85.571031 · Participants: 729Columbia Bank Employ…
New Road Schools of New Jersey, Inc Employee Stock Ownership Plan vs. nearby ESOP plans in New Jersey, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to New Road Schools of New Jersey, Inc Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did New Road Schools of New Jersey, Inc Employee Stock Ownership Plan assets move in 2023?
New Road Schools of New Jersey, Inc Employee Stock Ownership Plan edged up modestly - up 1.4% during 2023, from $10M to $11M. Reported net income was $144K.
How have New Road Schools of New Jersey Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), New Road Schools of New Jersey Inc.'s sponsor-wide assets grew 8.2%, from $24M to $26M.
Which ESOP plans are similar in size to New Road Schools of New Jersey, Inc Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Freedom Bancorp Employee Stock Ownership Plan in IN ($11M, 52 participants).

Next read for New Road Schools of New Jersey, Inc Empl…

Filing takeaways

Ways to act on New Road Schools of New Jersey, Inc Employee Stock Ownership Plan's numbers.

  • By total assets, New Road Schools of New Jersey, Inc Employee Stock Ownership Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in New Jersey. Compare plans
  • New Road Schools of New Jersey Inc.'s sponsor-wide assets have grown 8.2% since 2022 across 3 plan years on file. More Educational Services plans