Profit Sharing · DOL Form 5500 · 2024

Nea Member Benefits Profit Sharing Plan

Data updated 2026-07-24

$21M
Total assets
59
Participants
71st
Percentile by assets
$352,177
Avg per participant
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Official DOL plan name: Nea Member Benefits Defined Contribution Retirement Plan · Sponsored by Nea Member Benefits · Maryland · Administrative & Support Services

$21M in assets, 59 participants

Nea Member Benefits's Nea Member Benefits Defined Contribution Retirement Plan reported $21M in total assets and 59 participants in its 2024 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 116,472 plans)

Nea Member Benefits multi-year trail

Nea Member Benefits's plans moved +43.4% in assets from 2022 to 2024; this filing shows Nea Member Benefits Defined Contribution Retirement Plan at $21M / 59 participants.

$21M
total plan assets (2024 EOY)
59
covered participants
71st
percentile by assets (of 116,472 plans)
$352,177
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Nea Member Benefits Defined Contribution Retirement Plan end-of-year assets rose from $18M in the plan year 2023 filing to $21M in the plan year 2024 filing.
  • Nea Member Benefits Defined Contribution Retirement Plan reported participants fell from 64 in the plan year 2023 filing to 59 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Nea Member Benefits across 3 plan years on file

Across the 3 plan years Nea Member Benefits has on file (2022-2024), sponsor-wide plan assets have moved from $14M to $21M, a gain of 43.4%, while reported participants moved from 70 to 59 (-15.7%). Peak year by sponsor assets: 2024 ($21M); trough: 2022 ($14M).

Nea Member Benefits multi-year asset trail

$12M$14M$16M$18M$20M$22M 202220232024 $14.5M $20.8M ▲ +43.4%
Total plan assets by year, all Nea Member Benefits plans on file
Year Plans Participants Total Assets
2022 1 70 $14M
2023 1 64 $18M
2024 1 59 $21M

Nea Member Benefits filing trail (2024)

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$21M
Net Income$3M
Employer EIN520855767
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Maryland

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

Nea Member Benefits Defined Contribution Retirement Plan vs. nearby Profit Sharing plans in Maryland, assets vs. participants

Nea Member Benefits Defined Contribution Retirement Plan vs. nearby Profit Sharing plans in Maryland, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -101234 Total assets ($B) Participants Nea Member Benefits …Sprinkler Industry S…Nfl Player Annuity P…University of Maryla…Nfl Player Capital A…International Painte…
Nea Member Benefits Defined Contribution Retirement Plan vs. nearby Profit Sharing plans in Maryland, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Nea Member Benefits Defined Contribution Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Nea Member Benefits Defined Contribution Retirement Plan assets move in 2024?
Nea Member Benefits Defined Contribution Retirement Plan grew sharply - up 17.6% during 2024, from $18M to $21M. Reported net income was $3M.
How have Nea Member Benefits plan assets changed over time?
Across 3 plan years on file (2022-2024), Nea Member Benefits's sponsor-wide assets grew 43.4%, from $14M to $21M.
Which Profit Sharing plans are similar in size to Nea Member Benefits Defined Contribution Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is Cooperativa De Seguros Multiples De Puerto Rico Plan De Pensiones De Cont Def Co in PR ($21M, 520 participants).

Next read for Nea Member Benefits Defined Contribution…

Multi-year trail

Ways to act on Nea Member Benefits Defined Contribution Retirement Plan's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 520855767.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.