401(k) · DOL Form 5500 · 2024

Newport Industries, Inc. 401(k) Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
152
Participants Small participant base
73rd
Percentile by assets National rank
$154,436
Avg per participant Above avg balance/head
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Official DOL plan name: Newport Industries, Inc. 401(k) Plan · Sponsored by Newport Industries, Inc. · Illinois · Construction

$23M in assets, 152 participants

Newport Industries, Inc.'s Newport Industries, Inc. 401(k) Plan reported $23M in total assets and 152 participants in its 2024 DOL Form 5500 filing, ranking in the 73rd 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.

  • #6,508 in Construction (9,039 peers)

Coverage in Illinois

Newport Industries, Inc. 401(k) Plan covers 152 participants in Illinois, about 20% of the average Illinois filer (state average ~779 per filing). Assets: $23M.

#6,508
in Construction (9,039 peers)
+21.5%
assets growth YoY

Newport Industries, Inc. 401(k) Plan's outsized position by total assets

Newport Industries, Inc. 401(k) Plan vs every filed plan by assets

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

$23,474,336 Top 27% higher than 73% 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. 401(k) 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. 401(k) Plan sits mid-pack in the medium band (152 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Newport Industries, Inc. 401(k) Plan end-of-year assets rose from $19M in the plan year 2023 filing to $23M in the plan year 2024 filing.
  • Newport Industries, Inc. 401(k) Plan reported participants rose from 133 in the plan year 2023 filing to 152 in the plan year 2024 filing.
  • Newport Industries, Inc. 401(k) Plan reported net income fell from $5M in the plan year 2023 filing to $4M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 271481214 · Newport Industries, Inc. PY 2024 · 401(k)

Newport Industries, Inc. 401(k) Plan · $23M · 152 · 73rd

  • NET $23M
  • NET 152
  • NET 73rd
  • NET 401(k)
  • NET near Faraday and Future Retirement Plan
  • NET ind #6508

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 Construction retirement plans → · Plans in Illinois →

Newport Industries, Inc. 401(k) Plan in the asset neighbourhood

Newport Industries, Inc. 401(k) PlanNewport Industries, Inc. 401…$23MFaraday and Future Retirement PlanFaraday and Future Retiremen…$23MAutotec 401(k) Plan$23MSchmueser Gordon Meyer, Inc. 401(k) PlanSchmueser Gordon Meyer, Inc.…$23MFarris Engineering, Inc. 401(k) Plan and ESOPFarris Engineering, Inc. 401…$23M
End-of-year total assets ($M) among Newport Industries, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Illinois filing particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$23M
Net Income$4M
Employer EIN271481214
Plan Effective Date1987-01-01
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 401(k) Plans in Illinois

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

Newport Industries, Inc. 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants Newport Industries, Inc. 401(k) Plan, Total assets ($B): 0.023474336 · Participants: 152Newport Industries, Inc. 401(k) PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 21.302643276 · Participants: 66965Accenture United States 401(k) Match and Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 19.010099056 · Participants: 63297State Farm 401(k) Savings PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 16.835964452 · Participants: 16659United Airlines Pilot Retirement Account PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 15.755668 · Participants: 38229Abbott Laboratories Stock Retirement PlanWalgreens Retirement Savings Plan, Total assets ($B): 14.535873337 · Participants: 233635Walgreens Retirement Savings Plan
Newport Industries, Inc. 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Newport Industries, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Faraday and Future Retirement Plan in CA ($23M); by covered participants it is Astadia Incorporated 401(k) Plan in MA (152 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($23M here).

Similar participant headcount

Nearest other-state filings by covered participants (152 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. 401(k) Plan assets move in 2024?
Newport Industries, Inc. 401(k) Plan grew sharply - up 21.5% during 2024, from $19M to $23M. Reported net income was $4M.
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.
Which 401(k) plans are similar in size to Newport Industries, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Faraday and Future Retirement Plan in CA ($23M, 359 participants).
Which 401(k) plans cover a similar participant headcount to Newport Industries, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Astadia Incorporated 401(k) Plan in MA (152 participants, N/A in assets).