ESOP · DOL Form 5500 · 2024
Newport Industries, Inc. ESOP
Data updated 2026-07-24
- $68M
- Total assets
- 124
- Participants
- 87th
- Percentile by assets
- $548,865
- Avg per participant
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.
- 87th percentile by assets (of 116,472 plans)
Coverage in Illinois
Newport Industries, Inc. Employee Stock Ownership Plan covers 124 participants in Illinois, about 16% of the average Illinois filer (state average ~768 per filing). Assets: $68M.
- $68M
- total plan assets (2024 EOY)
- 124
- covered participants
- 87th
- percentile by assets (of 116,472 plans)
- $548,865
- avg assets per participant
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.
Participants vs Illinois filers
In Illinois, the average filing covers about 768 participants across 5,440 plans. Newport Industries, Inc. Employee Stock Ownership Plan reports 124 participants - about 16% of that state average ($68M EOY assets).
Illinois filing particulars
| Total Assets (Beginning of Year) | $63M |
|---|---|
| Net Assets (End of Year) | $68M |
| Net Income | $5M |
| Employer EIN | 271481214 |
| Plan Effective Date | 1961-03-28 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Newport Industries, Inc.)
| 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
- Kehe Distributors, Inc. Employee Stock Ownership Plan $2.2B · 4,815
- Scot Forge Company Employee Stock Ownership Plan $1.4B · 491
- Bdo USA Employee Stock Ownership Plan $1.1B · 9,258
- Shorr Paper Products, Inc. Employee Stock Ownership Plan $430M · 543
- Rli Corp. Employee Stock Ownership Plan $404M · 1,001
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Newport Industries, Inc. Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
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Where does Newport Industries, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
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Filing takeaways
Ways to act on Newport Industries, Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Newport Industries, Inc. Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Illinois. Compare plans
- Newport Industries, Inc.'s sponsor-wide assets have grown 38.9% since 2022 across 3 plan years on file. More Construction plans
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.