ESOP · DOL Form 5500 · 2023

New Road Schools of New Jersey Inc. ESOP

Data updated 2026-08-25

$11M
Total assets Small plan by assets
101
Participants Small participant base
60th
Percentile by assets National rank
$104,446
Avg per participant Below avg balance/head
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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.

  • #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.

#1,607
in Educational Services (3,735 peers)
+1.4%
assets growth YoY

New Road Schools of New Jersey, Inc Employee Stock Ownership Plan's mid-pack asset rank among Educational Services and all filers

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 $2,050,000,000 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 Road Schools of New Jersey, Inc 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 Road Schools of New Jersey, Inc Employee Stock Ownership Plan sits mid-pack in the medium band (101 participants).

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 →

Form 5500 schedule snapshot

Filing strip 223449747 · New Road Schools of New Jersey Inc. PY 2023 · ESOP

New Road Schools of New Jersey, Inc Employee Stock Ownership Plan · $11M · 101 · 60th

  • 5500 $11M
  • ASSETS 101
  • PCT 60th
  • EIN ESOP
  • RANK near Freedom Bancorp Employee Stock Ownership Plan
  • PHOTO ind #1607

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 Jersey →

New Road Schools of New Jersey, Inc Employee Stock Ownership Plan in the asset neighbourhood

Bandago Employee Stock Ownership PlanBandago Employee Stock Owner…$11MNew Road Schools of New Jersey, Inc Employee Stock Ownership PlanNew Road Schools of New Jers…$11MFreedom Bancorp Employee Stock Ownership PlanFreedom Bancorp Employee Sto…$11MHorizon Communications, Inc. Employee Stock Ownership PlanHorizon Communications, Inc.…$11MItc Investments, Inc. Employee Stock Ownership PlanItc Investments, Inc. Employ…$11M
End-of-year total assets ($M) among New Road Schools of New Jersey, Inc Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

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.)

Sponsor-wide plan assets over time

All New Road Schools of New Jersey Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$26M 8.219204471203161% vs 2022
2024 filing year
$23M$24M$25M$26M 202220232024 $23.7M $25.6M ▲ +8.2%
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 ($M) Participants New Road Schools of New Jersey, Inc Employee Stock Ownership Plan, Total assets ($M): 10.549096 · Participants: 101New Road Schools of New Jersey, Inc Employee Stock Ownership PlanOkonite Company Employees Stock Ownership Plan, Total assets ($M): 420.904787 · Participants: 1127Okonite Company Employees Stock Ownership PlanMathematica Group Holding Inc. Employee Stock Ownership Plan, Total assets ($M): 309.109417 · Participants: 1571Mathematica Group Holding Inc. Employee Stock Ownership PlanConair LLC Savings and Investment Plan, Total assets ($M): 300.696739 · Participants: 1050Conair LLC Savings and Investment PlanAmboy Bancorporation Employee Stock Ownership Plan, Total assets ($M): 106.542135 · Participants: 193Amboy Bancorporation Employee Stock Ownership PlanColumbia Bank Employee Stock Ownership Plan, Total assets ($M): 85.571031 · Participants: 729Columbia Bank Employee Stock Ownership Plan
New Road Schools of New Jersey, Inc Employee Stock Ownership Plan vs. nearby ESOP plans in New Jersey, assets vs. participants
Compare New Road Schools of New Jersey, Inc Employee Stock Ownership Plan side-by-side with 3 peers →

New Road Schools of New Jersey, Inc Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside New Jersey, the nearest ESOP by assets is Freedom Bancorp Employee Stock Ownership Plan in IN ($11M); by covered participants it is United Bancorp, Inc. of Martins Ferry, Ohio Employee Stock Ownership Plan in OH (101 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (101 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 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).
Which ESOP plans cover a similar participant headcount to New Road Schools of New Jersey, Inc Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is United Bancorp, Inc. of Martins Ferry, Ohio Employee Stock Ownership Plan in OH (101 participants, $5M 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 223449747.

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.