Profit Sharing · DOL Form 5500 · 2023

Newport Service Corporation Profit Sharing Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
65
Participants Small participant base
71st
Percentile by assets National rank
$275,210
Avg per participant High balance/head
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Official DOL plan name: Newport Service Corporation Retirement Plan · Sponsored by Newport Service Corporation · California · Finance & Insurance

$18M in assets, 65 participants

Newport Service Corporation's Newport Service Corporation Retirement Plan reported $18M in total assets and 65 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.

  • #5,021 in Finance & Insurance (8,869 peers)

Newport Service Corporation multi-year trail

Newport Service Corporation's plans moved +25.1% in assets from 2022 to 2023; this filing shows Newport Service Corporation Retirement Plan at $18M / 65 participants.

#5,021
in Finance & Insurance (8,869 peers)
+25.1%
assets growth YoY

Newport Service Corporation Retirement Plan's outsized position by total assets

Newport Service Corporation Retirement Plan vs every filed plan by assets

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

$17,888,622 Top 29% higher than 71% 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

Newport Service Corporation Retirement Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Newport Service Corporation Retirement Plan is a small filing (65 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Newport Service Corporation Retirement Plan reported net income rose from $2M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Newport Service Corporation Retirement Plan end-of-year assets rose from $14M in the plan year 2022 filing to $18M in the plan year 2023 filing.
  • Newport Service Corporation Retirement Plan reported participants fell from 70 in the plan year 2022 filing to 65 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 330263389 · Newport Service Corporation PY 2023 · Profit Sharing

Newport Service Corporation Retirement Plan · $18M · 65 · 71st

  • IND $18M
  • EOY 65
  • 5500 71st
  • ASSETS Profit Sharing
  • PCT near Palmer Lutheran Health Center, Inc. 403(b) Plan
  • EIN ind #5021

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 Finance & Insurance retirement plans → · Plans in California →

Newport Service Corporation Retirement Plan in the asset neighbourhood

Michigan Pathology Specialists PC P/S Plan & TrustMichigan Pathology Specialis…$18MOkeefe Drilling Company Profit-Sharing TrustOkeefe Drilling Company Prof…$18MNewport Service Corporation Retirement PlanNewport Service Corporation …$18MPalmer Lutheran Health Center, Inc. 403(b) PlanPalmer Lutheran Health Cente…$18MBeach Capital Management, LLC Employees Profit Sharing PlanBeach Capital Management, LL…$18M
End-of-year total assets ($M) among Newport Service Corporation Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Newport Service Corporation multi-year asset trail

Sponsor-wide plan assets over time

All Newport Service Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$18M 25.132282145857282% vs 2022
2023 filing year
$12M$14M$16M$18M$20M 20222023 $14.3M $17.9M ▲ +25.1%
Year Plans Participants Total Assets
2022 1 70 $14M
2023 1 65 $18M

Newport Service Corporation filing trail (2023)

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$18M
Net Income$4M
Employer EIN330263389
Plan Effective Date1972-07-12
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in California

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

Newport Service Corporation Retirement Plan vs. nearby Profit Sharing plans in California, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -202468 Total assets ($B) Participants Newport Service Corporation Retirement Plan, Total assets ($B): 0.017888622 · Participants: 65Newport Service Corporation Retirement PlanIntel Retirement Contribution Plan, Total assets ($B): 7.243052996 · Participants: 21513Intel Retirement Contribution PlanScpmg Keogh Plan, Total assets ($B): 6.822267649 · Participants: 10125Scpmg Keogh PlanMotion Picture Industry Individual Account Plan, Total assets ($B): 5.851994984 · Participants: 71071Motion Picture Industry Individual Account PlanMemorialcare Retirement Plan, Total assets ($B): 1.32726 · Participants: 4728Memorialcare Retirement PlanDisney Retirement Savings Plan, Total assets ($B): 1.092654738 · Participants: 37110Disney Retirement Savings Plan
Newport Service Corporation Retirement Plan vs. nearby Profit Sharing plans in California, assets vs. participants
Compare Newport Service Corporation Retirement Plan side-by-side with 3 peers →

Newport Service Corporation Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside California, the nearest Profit Sharing by assets is Palmer Lutheran Health Center, Inc. 403(b) Plan in IA ($18M); by covered participants it is Mi-Ce Inc. Retirement Plan in MI (65 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (65 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 Newport Service Corporation Retirement Plan assets move in 2023? ▼
Newport Service Corporation Retirement Plan grew sharply - up 25.1% during 2023, from $14M to $18M. Reported net income was $4M.
How have Newport Service Corporation plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Newport Service Corporation's sponsor-wide assets grew 25.1%, from $14M to $18M.
Which Profit Sharing plans are similar in size to Newport Service Corporation Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Palmer Lutheran Health Center, Inc. 403(b) Plan in IA ($18M, 214 participants).
Which Profit Sharing plans cover a similar participant headcount to Newport Service Corporation Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Mi-Ce Inc. Retirement Plan in MI (65 participants, $370K 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 330263389.

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.