401(k) · DOL Form 5500 · 2023

Hertzberg-New Method, Inc. 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
121
Participants Small participant base
48th
Percentile by assets National rank
$49,865
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Hertzberg-New Method Inc Retirement Plan · Sponsored by Hertzberg-New Method, Inc. · Illinois · Manufacturing

$6M in assets, 121 participants

Hertzberg-New Method, Inc.'s Hertzberg-New Method Inc Retirement Plan reported $6M in total assets and 121 participants in its 2023 DOL Form 5500 filing, ranking in the 48th 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.

  • #5,956 in Manufacturing (18,722 peers)

Coverage in Illinois

Hertzberg-New Method Inc Retirement Plan covers 121 participants in Illinois, about 16% of the average Illinois filer (state average ~779 per filing). Assets: $6M.

#5,956
in Manufacturing (18,722 peers)
+15.7%
assets growth YoY

Hertzberg-New Method Inc Retirement Plan's mid-pack asset rank among Manufacturing and all filers

Hertzberg-New Method Inc Retirement Plan vs every filed plan by assets

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

$6,033,613 48th percentile higher than 48% 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

Hertzberg-New Method Inc Retirement 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. Hertzberg-New Method Inc Retirement Plan sits mid-pack in the medium band (121 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hertzberg-New Method Inc Retirement Plan reported net income rose from $298K in the plan year 2022 filing to $820K in the plan year 2023 filing.
  • Hertzberg-New Method Inc Retirement Plan end-of-year assets rose from $5M in the plan year 2022 filing to $6M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 371001726 · Hertzberg-New Method, Inc. PY 2023 · 401(k)

Hertzberg-New Method Inc Retirement Plan · $6M · 121 · 48th

  • PART $6M
  • TYPE 121
  • NET 48th
  • BOOK 401(k)
  • VS-ST near Fc Tucker Emge 401(k) Plan
  • BOY ind #5956

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 Manufacturing retirement plans → · Plans in Illinois →

Hertzberg-New Method Inc Retirement Plan in the asset neighbourhood

Hertzberg-New Method Inc Retirement PlanHertzberg-New Method Inc Ret…$6MFc Tucker Emge 401(k) Plan$6MGp's Enterprises, Inc. and Georgia Bridge and Concrete, LLC Retirement PlanGp's Enterprises, Inc. and G…$6MPrimal Screen 401(k) Plan$6MSystems Source, Inc. 401(k) PlanSystems Source, Inc. 401(k) …$6M
End-of-year total assets ($M) among Hertzberg-New Method Inc Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$6M
Net Income$820K
Employer EIN371001726
Plan Effective Date1985-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hertzberg-New Method, Inc.)

Sponsor-wide plan assets over time

All Hertzberg-New Method, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$7M 27.110582936195193% vs 2022
2024 filing year
$5M$5.5M$6M$6.5M$7M 202220232024 $5.21M $6.63M ▲ +27.3%
Year Plans Participants Total Assets
2022 1 120 $5M
2023 1 121 $6M
2024 1 125 $7M

Nearby 401(k) Plans in Illinois

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

Hertzberg-New Method Inc Retirement Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Hertzberg-New Method Inc Retirement Plan, Total assets ($B): 0.006033613 · Participants: 121Hertzberg-New Method Inc Retirement PlanAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings Plan
Hertzberg-New Method Inc Retirement Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Hertzberg-New Method Inc Retirement Plan side-by-side with 3 peers →

Hertzberg-New Method Inc Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Fc Tucker Emge 401(k) Plan in IN ($6M); by covered participants it is Redwood School & Rehabilitation Center, Inc. 401(k) Plan in OH (121 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (121 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 Hertzberg-New Method Inc Retirement Plan assets move in 2023? ▼
Hertzberg-New Method Inc Retirement Plan grew sharply - up 15.7% during 2023, from $5M to $6M. Reported net income was $820K.
How have Hertzberg-New Method, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hertzberg-New Method, Inc.'s sponsor-wide assets grew 27.1%, from $5M to $7M.
Which 401(k) plans are similar in size to Hertzberg-New Method Inc Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Fc Tucker Emge 401(k) Plan in IN ($6M, 53 participants).
Which 401(k) plans cover a similar participant headcount to Hertzberg-New Method Inc Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Redwood School & Rehabilitation Center, Inc. 401(k) Plan in OH (121 participants, N/A 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 371001726.

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.