401(k) · DOL Form 5500 · 2024

Newage Industries, Inc. 401(k) Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
257
Participants Below avg headcount
73rd
Percentile by assets National rank
$88,175
Avg per participant Below avg balance/head
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Official DOL plan name: Newage Industries, Inc. 401(k) Plan · Sponsored by Newage Industries, Inc. · Pennsylvania · Wholesale Trade

$23M in assets, 257 participants

Newage Industries, Inc.'s Newage Industries, Inc. 401(k) Plan reported $23M in total assets and 257 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.

  • #4,236 in Wholesale Trade (6,080 peers)

Coverage in Pennsylvania

Newage Industries, Inc. 401(k) Plan covers 257 participants in Pennsylvania, about 31% of the average Pennsylvania filer (state average ~822 per filing). Assets: $23M.

#4,236
in Wholesale Trade (6,080 peers)
+22.2%
assets growth YoY

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

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

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

$22,660,863 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

Newage 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. Newage Industries, Inc. 401(k) Plan sits mid-pack in the medium band (257 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Newage Industries, Inc. 401(k) Plan reported net income rose from $1M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Newage 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.
  • Newage Industries, Inc. 401(k) Plan reported participants fell from 277 in the plan year 2023 filing to 257 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 231475225 · Newage Industries, Inc. PY 2024 · 401(k)

Newage Industries, Inc. 401(k) Plan · $23M · 257 · 73rd

  • BOY $23M
  • SCH 257
  • EBSA 73rd
  • PART 401(k)
  • TYPE near Fred Martin Motor Company 401(k) Profit Sharing Plan & Trust
  • NET ind #4236

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 Pennsylvania →

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

Newage Industries, Inc. 401(k) PlanNewage Industries, Inc. 401(…$23MFred Martin Motor Company 401(k) Profit Sharing Plan & TrustFred Martin Motor Company 40…$23MHarold Brothers Mechanical 401(k) PlanHarold Brothers Mechanical 4…$23MSpero Financial Federal Credit Union 401(k)/Profit Sharing PlanSpero Financial Federal Cred…$23MM. Bohlke Veneer Corporation Profit Sharing & 401(k) PlanM. Bohlke Veneer Corporation…$23M
End-of-year total assets ($M) among Newage Industries, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$23M
Net Income$4M
Employer EIN231475225
Plan Effective Date1992-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Newage Industries, Inc.)

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$318M 2.8159103297975574% vs 2022
2024 filing year
$260M$280M$300M$320M$340M 202220232024 $328M $318M ▼ -2.8%
Year Plans Participants Total Assets
2022 2 548 $328M
2023 2 569 $276M
2024 2 521 $318M

Nearby 401(k) Plans in Pennsylvania

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

Newage Industries, Inc. 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Newage Industries, Inc. 401(k) Plan, Total assets ($B): 0.022660863 · Participants: 257Newage Industries, Inc. 401(k) PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 19.687957793 · Participants: 90495Comcast Corporation Retirement - Investment PlanThe Cigna Group 401(k) Plan, Total assets ($B): 14.20308608 · Participants: 63634The Cigna Group 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 11.084818612 · Participants: 18066The Vanguard Retirement and Savings PlanThermo Fisher Scientific Inc. 401(k) Retirement Plan, Total assets ($B): 10.263366209 · Participants: 36150Thermo Fisher Scientific Inc. 401(k) Retirement PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 10.189629 · Participants: 54604The PNC Financial Services Group, Inc. Incentive Savings Plan
Newage Industries, Inc. 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Newage Industries, Inc. 401(k) Plan side-by-side with 3 peers →

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

Outside Pennsylvania, the nearest 401(k) by assets is Fred Martin Motor Company 401(k) Profit Sharing Plan & Trust in OH ($23M); by covered participants it is Tonoga, Inc. Profit Sharing/401(k) Plan in NY (257 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (257 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 Newage Industries, Inc. 401(k) Plan assets move in 2024? ▼
Newage Industries, Inc. 401(k) Plan grew sharply - up 22.2% during 2024, from $19M to $23M. Reported net income was $4M.
How have Newage Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Newage Industries, Inc.'s sponsor-wide assets declined 2.8%, from $328M to $318M.
Which 401(k) plans are similar in size to Newage Industries, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Fred Martin Motor Company 401(k) Profit Sharing Plan & Trust in OH ($23M, 295 participants).
Which 401(k) plans cover a similar participant headcount to Newage Industries, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Tonoga, Inc. Profit Sharing/401(k) Plan in NY (257 participants, $33M 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 231475225.

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.