ESOP · DOL Form 5500 · 2024

Newport Industries, Inc. ESOP

Data updated 2026-08-25

$68M
Total assets Below avg plan size
124
Participants Small participant base
87th
Percentile by assets National rank
$548,865
Avg per participant High balance/head
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Official DOL plan name: Newport Industries, Inc. Employee Stock Ownership Plan · Sponsored by Newport Industries, Inc. · Illinois · Construction

$68M in assets, 124 participants

Newport Industries, Inc.'s Newport Industries, Inc. Employee Stock Ownership Plan reported $68M in total assets and 124 participants in its 2024 DOL Form 5500 filing, ranking in the 87th 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.

  • #7,720 in Construction (9,039 peers)

Coverage in Illinois

Newport Industries, Inc. Employee Stock Ownership Plan covers 124 participants in Illinois, about 16% of the average Illinois filer (state average ~779 per filing). Assets: $68M.

#7,720
in Construction (9,039 peers)
+8.2%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Newport Industries, Inc. Employee Stock Ownership Plan's outsized position by total assets

Newport Industries, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$68,059,296 Top 13% higher than 87% 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 Industries, Inc. Employee Stock Ownership 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. Newport Industries, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (124 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Newport Industries, Inc. Employee Stock Ownership Plan reported net income fell from $12M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Newport Industries, Inc. Employee Stock Ownership Plan end-of-year assets rose from $63M in the plan year 2023 filing to $68M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 271481214 · Newport Industries, Inc. PY 2024 · ESOP

Newport Industries, Inc. Employee Stock Ownership Plan · $68M · 124 · 87th

  • PART $68M
  • PART 124
  • PART 87th
  • PART ESOP
  • PART near Thielsch Engineering Employee Stock Ownership Plan
  • PART ind #7720

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 What is an ESOP? → · Plans in Illinois →

Newport Industries, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Bsc Ventures Holdings, Inc. Employee Stock Ownership PlanBsc Ventures Holdings, Inc. …$68MNewport Industries, Inc. Employee Stock Ownership PlanNewport Industries, Inc. Emp…$68MThielsch Engineering Employee Stock Ownership PlanThielsch Engineering Employe…$68MThe Cummins Construction Company, Inc. Employee Stock Ownership PlanThe Cummins Construction Com…$68MHinderliter, De Llamas & Associates ESOPHinderliter, De Llamas & Ass…$68M
End-of-year total assets ($M) among Newport Industries, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Illinois filing particulars

Total Assets (Beginning of Year)$63M
Net Assets (End of Year)$68M
Net Income$5M
Employer EIN271481214
Plan Effective Date1961-03-28
Filing StatusFILING RECEIVED

Sponsor Plan History (Newport Industries, Inc.)

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$92M 38.87958526827215% vs 2022
2024 filing year
$60M$70M$80M$90M$100M 202220232024 $65.9M $91.5M ▲ +38.9%
Year Plans Participants Total Assets
2022 2 260 $66M
2023 2 258 $82M
2024 2 276 $92M

Nearby ESOP Plans in Illinois

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

Newport Industries, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants Scatter plot of 6 data points. -50000500010000 -101234 Total assets ($B) Participants Newport Industries, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.068059296 · Participants: 124Newport Industries, Inc. Employee Stock Ownership PlanAmsted Industries Incorporated Employees' Stock Ownership Plan, Total assets ($B): 3.699095694 · Participants: 4909Amsted Industries Incorporated Employees' Stock Ownership PlanKehe Distributors, Inc. Employee Stock Ownership Plan, Total assets ($B): 2.165348047 · Participants: 4815Kehe Distributors, Inc. Employee Stock Ownership PlanScot Forge Company Employee Stock Ownership Plan, Total assets ($B): 1.429776889 · Participants: 491Scot Forge Company Employee Stock Ownership PlanBdo USA Employee Stock Ownership Plan, Total assets ($B): 1.0622005 · Participants: 9258Bdo USA Employee Stock Ownership PlanShorr Paper Products, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.430213996 · Participants: 543Shorr Paper Products, Inc. Employee Stock Ownership Plan
Newport Industries, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants
Compare Newport Industries, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Newport Industries, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Illinois, the nearest ESOP by assets is Thielsch Engineering Employee Stock Ownership Plan in RI ($68M); by covered participants it is Cline Design Employee Stock Ownership Plan in NC (124 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (124 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 Industries, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Newport Industries, Inc. Employee Stock Ownership Plan grew at a solid clip - up 8.2% during 2024, from $63M to $68M. Reported net income was $5M.
How have Newport Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Newport Industries, Inc.'s sponsor-wide assets grew 38.9%, from $66M to $92M.
Where does Newport Industries, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Newport Industries, Inc. Employee Stock Ownership Plan ranks in the 87th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Newport Industries, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Thielsch Engineering Employee Stock Ownership Plan in RI ($68M, 470 participants).
Which ESOP plans cover a similar participant headcount to Newport Industries, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Cline Design Employee Stock Ownership Plan in NC (124 participants, $5M 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 271481214.

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.