401(k)
2024 plan-year 401(k) DOL Form 5500

New Directions Technologies, Inc 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by New Directions Technologies · California · Professional & Technical Services

What the 2023 filing shows

New Directions Technologies, Inc 401(k) Plan holds $24M for 285 participants — about $85,862 per participant, up 25.4% over the 2024 plan year.

$24M
total plan assets (2024 EOY)
285
covered participants
$85,862
avg assets per participant
+25.4%
assets growth YoY
Total Assets (2023)
$24M
Participants
285
State
Industry
Professional & Technical Services

What the Filing Says About New Directions Technologies, Inc 401(k) Plan

New Directions Technologies, Inc 401(k) Plan is a 401(k) retirement plan sponsored by New Directions Technologies, headquartered in California. As of the 2024 Form 5500 filing, the plan reports $24M in total end-of-year assets and covers 285 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 954405570, and the plan has been effective since 1997-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $20M at the beginning of 2024 to $24M at year-end — a gain of 25.4%. Net assets (after liabilities) closed the year at $24M, with reported net income of $5M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$20M
Total Assets (End of Year)$24M
Net Assets (End of Year)$24M
Net Income$5M
Plan Type401(k)
Employer EIN954405570
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (New Directions Technologies)

Year Plans Participants Total Assets
2022 1 218 $16M
2023 1 224 $20M
2024 1 285 $24M

Nearby 401(k) Plans in California

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Frequently Asked Questions

How much money is in the New Directions Technologies, Inc 401(k) Plan?
As of the 2024 Form 5500 filing, New Directions Technologies, Inc 401(k) Plan holds $24M in total assets with 285 participants. It is sponsored by New Directions Technologies.
What type of plan is New Directions Technologies, Inc 401(k) Plan?
New Directions Technologies, Inc 401(k) Plan is a 401(k) plan. It has been effective since 1997-01-01. The plan is filed with the U.S. Department of Labor under EIN 954405570.
Who sponsors the New Directions Technologies, Inc 401(k) Plan?
New Directions Technologies, Inc 401(k) Plan is sponsored by New Directions Technologies, located in California. The sponsor's EIN is 954405570 and the plan operates in the Professional & Technical Services industry.
How did New Directions Technologies, Inc 401(k) Plan perform in 2024?
New Directions Technologies, Inc 401(k) Plan grew by 25.4% during 2024, moving from $20M to $24M in total assets. Net income was $5M.
Where can I find official filings for New Directions Technologies, Inc 401(k) Plan?
Official Form 5500 filings for New Directions Technologies, Inc 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 954405570 or plan name at efast.dol.gov.
How does New Directions Technologies, Inc 401(k) Plan compare to other plans?
You can compare New Directions Technologies, Inc 401(k) Plan against other 401(k) plans on the plan type page, or view plans in California on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 954405570.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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