401(k) · DOL Form 5500 · 2024

M.G. Newell Corporation 401(k) Plan

Data updated 2026-08-25

$25M
Total assets Small plan by assets
120
Participants Small participant base
74th
Percentile by assets National rank
$204,638
Avg per participant Above avg balance/head
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Official DOL plan name: M.G. Newell Corporation Employee Profit Sharing and Retirement Plan · Sponsored by M.G. Newell Corporation · North Carolina · Wholesale Trade

$25M in assets, 120 participants

M.G. Newell Corporation's M.G. Newell Corporation Employee Profit Sharing and Retirement Plan reported $25M in total assets and 120 participants in its 2024 DOL Form 5500 filing, ranking in the 74th 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.

  • #4,334 in Wholesale Trade (6,080 peers)

Coverage in North Carolina

M.G. Newell Corporation Employee Profit Sharing and Retirement Plan covers 120 participants in North Carolina, about 15% of the average North Carolina filer (state average ~819 per filing). Assets: $25M.

#4,334
in Wholesale Trade (6,080 peers)
+11.2%
assets growth YoY

M.G. Newell Corporation Employee Profit Sharing and Retirement Plan's outsized position by total assets

M.G. Newell Corporation Employee Profit Sharing and Retirement Plan vs every filed plan by assets

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

$24,556,618 Top 26% higher than 74% 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

M.G. Newell Corporation Employee Profit Sharing and Retirement Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. M.G. Newell Corporation Employee Profit Sharing and Retirement Plan sits mid-pack in the medium band (120 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • M.G. Newell Corporation Employee Profit Sharing and Retirement Plan reported net income fell from $4M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • M.G. Newell Corporation Employee Profit Sharing and Retirement Plan end-of-year assets rose from $22M in the plan year 2023 filing to $25M in the plan year 2024 filing.
  • M.G. Newell Corporation Employee Profit Sharing and Retirement Plan reported participants rose from 112 in the plan year 2023 filing to 120 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 561443724 · M.G. Newell Corporation PY 2024 · 401(k)

M.G. Newell Corporation Employee Profit Sharing and Retirement Plan · $25M · 120 · 74th

  • IND $25M
  • EOY 120
  • 5500 74th
  • ASSETS 401(k)
  • PCT near Conifer Realty LLC Retirement Savings Plan
  • EIN ind #4334

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 Wholesale Trade retirement plans → · Plans in North Carolina →

M.G. Newell Corporation Employee Profit Sharing and Retirement Plan in the asset neighbourhood

M.G. Newell Corporation Employee Profit Sharing and Retirement PlanM.G. Newell Corporation Empl…$25MConifer Realty LLC Retirement Savings PlanConifer Realty LLC Retiremen…$25MGovernment Executive Media Group 401(k) PlanGovernment Executive Media G…$25MRsr 401(k) Retirement Plan$25MRockrose Development LLC 401(k) PlanRockrose Development LLC 401…$25M
End-of-year total assets ($M) among M.G. Newell Corporation Employee Profit Sharing and Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

North Carolina filing particulars

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$25M
Net Income$2M
Employer EIN561443724
Plan Effective Date1985-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (M.G. Newell Corporation)

Sponsor-wide plan assets over time

All M.G. Newell Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$25M 35.623472852184406% vs 2022
2024 filing year
$16M$18M$20M$22M$24M$26M 202220232024 $18.1M $24.6M ▲ +35.6%
Year Plans Participants Total Assets
2022 1 101 $18M
2023 1 112 $22M
2024 1 120 $25M

Nearby 401(k) Plans in North Carolina

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

M.G. Newell Corporation Employee Profit Sharing and Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants M.G. Newell Corporation Employee Profit Sharing and Retirement Plan, Total assets ($B): 0.024556618 · Participants: 120M.G. Newell Corporation Employee Profit Sharing and Retirement PlanThe Bank of America 401(k) Plan, Total assets ($B): 62.902405616 · Participants: 168963The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 16.316486587 · Participants: 39468Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 11.269744 · Participants: 27341Duke Energy Retirement Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 9.349291649 · Participants: 27070Nucor Corporation Profit Sharing and Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 9.231001739 · Participants: 52699Truist Financial Corporation 401(k) Savings Plan
M.G. Newell Corporation Employee Profit Sharing and Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare M.G. Newell Corporation Employee Profit Sharing and Retirement Plan side-by-side with 3 peers →

M.G. Newell Corporation Employee Profit Sharing and Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Conifer Realty LLC Retirement Savings Plan in NY ($25M); by covered participants it is Dlmc, Inc. Dba Kamaaina Health Services 401(k) Retirement Plan in HI (120 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($25M here).

Similar participant headcount

Nearest other-state filings by covered participants (120 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 M.G. Newell Corporation Employee Profit Sharing and Retirement Plan assets move in 2024? ▼
M.G. Newell Corporation Employee Profit Sharing and Retirement Plan grew at a solid clip - up 11.2% during 2024, from $22M to $25M. Reported net income was $2M.
How have M.G. Newell Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), M.G. Newell Corporation's sponsor-wide assets grew 35.6%, from $18M to $25M.
Which 401(k) plans are similar in size to M.G. Newell Corporation Employee Profit Sharing and Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Conifer Realty LLC Retirement Savings Plan in NY ($25M, 509 participants).
Which 401(k) plans cover a similar participant headcount to M.G. Newell Corporation Employee Profit Sharing and Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Dlmc, Inc. Dba Kamaaina Health Services 401(k) Retirement Plan in HI (120 participants, $738K 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 561443724.

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.