Profit Sharing · DOL Form 5500 · 2024

Newport Sales, Inc. Profit Sharing Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
4
Participants Small participant base
57th
Percentile by assets National rank
$2.6M
Avg per participant High balance/head
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Official DOL plan name: Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan · Sponsored by Newport Sales, Inc. · New York · Retail Trade

$10M in assets, 4 participants

Newport Sales, Inc.'s Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan reported $10M in total assets and 4 participants in its 2024 DOL Form 5500 filing, ranking in the 57th 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.

  • #5,426 in Retail Trade (8,048 peers)

Newport Sales, Inc. multi-year trail

Newport Sales, Inc.'s plans moved +72.4% in assets from 2022 to 2024; this filing shows Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan at $10M / 4 participants.

#5,426
in Retail Trade (8,048 peers)
+24.1%
assets growth YoY

Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan's mid-pack asset rank among Retail Trade and all filers

Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$10,470,464 Top 43% higher than 57% of 123,620 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 2024

Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan is a micro filing (4 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan end-of-year assets rose from $8M in the plan year 2023 filing to $10M in the plan year 2024 filing.
  • Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan reported net income fell from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 112636504 · Newport Sales, Inc. PY 2024 · Profit Sharing

Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan · $10M · 4 · 57th

  • NET $10M
  • NET 4
  • NET 57th
  • NET Profit Sharing
  • NET near Castle Family Health Centers, Inc. 403(b) Plan
  • NET ind #5426

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 Retail Trade retirement plans → · Plans in New York →

Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan in the asset neighbourhood

Plumbers, Pipefitters and Hvac Technicians Local Union No. 572 Annuity FundPlumbers, Pipefitters and Hv…$10MGaurang S Pandya, M.D. Profit Sharing PlanGaurang S Pandya, M.D. Profi…$10MMidland Emerg. Room Employee Profit Sharing PlanMidland Emerg. Room Employee…$10MNewport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing PlanNewport Sales, Inc./M&h Cosm…$10MCastle Family Health Centers, Inc. 403(b) PlanCastle Family Health Centers…$10M
End-of-year total assets ($M) among Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Newport Sales, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Newport Sales, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$10M 72.39097330396285% vs 2022
2024 filing year
$4M$6M$8M$10M$12M 202220232024 $6.07M $10.5M ▲ +72.5%
Year Plans Participants Total Assets
2022 1 5 $6M
2023 1 4 $8M
2024 1 4 $10M

Newport Sales, Inc. filing trail (2024)

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$10M
Net Income$2M
Employer EIN112636504
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in New York

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

Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -10123 Total assets ($B) Participants Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan, Total assets ($B): 0.010470464 · Participants: 4Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing PlanAnnuity Plan of the Electrical Industry, Total assets ($B): 2.296401236 · Participants: 18200Annuity Plan of the Electrical IndustryAnnuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO, Total assets ($B): 2.056246349 · Participants: 3278Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIOAnnuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO, Total assets ($B): 1.821807482 · Participants: 5817Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIOThe Research Foundation for the State University of New York Retirement Plan, Total assets ($B): 1.269293939 · Participants: 9758The Research Foundation for the State University of New York Retirement PlanRochester Regional Health 403(b) Defined Contribution Plan, Total assets ($B): 0.987006461 · Participants: 15432Rochester Regional Health 403(b) Defined Contribution Plan
Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in New York, assets vs. participants
Compare Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan side-by-side with 3 peers →

Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside New York, the nearest Profit Sharing by assets is Castle Family Health Centers, Inc. 403(b) Plan in CA ($10M); by covered participants it is Thrive Holdings Inc. Retirement Plan in OH (4 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (4 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan assets move in 2024? ▼
Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan grew sharply - up 24.1% during 2024, from $8M to $10M. Reported net income was $2M.
How have Newport Sales, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Newport Sales, Inc.'s sponsor-wide assets grew 72.4%, from $6M to $10M.
Which Profit Sharing plans are similar in size to Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Castle Family Health Centers, Inc. 403(b) Plan in CA ($10M, 210 participants).
Which Profit Sharing plans cover a similar participant headcount to Newport Sales, Inc./M&h Cosmetics, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Thrive Holdings Inc. Retirement Plan in OH (4 participants, $533K in assets).

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 112636504.

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.