401(k) · DOL Form 5500 · 2024

Newbury Franklin Industrials LLC 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets: 363
Participants Below avg headcount: 52nd
Percentile by assets National rank: $22,592
Avg per participant Low balance/head

PlainRetire home → About this data RSS: change history

Official DOL plan name: Nfi 401(k) Plan · Sponsored by Newbury Franklin Industrials LLC · New York · Wholesale Trade

$8M in assets, 363 participants

Newbury Franklin Industrials LLC's Nfi 401(k) Plan reported $8M in total assets and 363 participants in its 2024 DOL Form 5500 filing, ranking in the 52nd 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.

#2,546 in Wholesale Trade (6,080 peers)

Coverage in New York

Nfi 401(k) Plan covers 363 participants in New York, about 46% of the average New York filer (state average ~798 per filing). Assets: $8M.

#2,546
in Wholesale Trade (6,080 peers): -16.1%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Nfi 401(k) Plan's mid-pack asset rank among Wholesale Trade and all filers

Nfi 401(k) Plan vs every filed plan by assets

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

$8,200,783 Top 48% higher than 52% of 123,620 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Nfi 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. Nfi 401(k) Plan sits mid-pack in the medium band (363 participants).

Micro (1-10) 33,766 filings (27%) Small (11-100) 26,107 filings (21%) Medium (101-1,000) 54,251 filings (43%) Large (1,001-10,000) 10,349 filings (8%) Mega (10,000+) 1,399 filings (1%)

Nfi 401(k) Plan reported net income fell from $2M in the plan year 2023 filing to -$2M in the plan year 2024 filing.
Nfi 401(k) Plan end-of-year assets fell from $10M in the plan year 2023 filing to $8M in the plan year 2024 filing.
Nfi 401(k) Plan reported participants rose from 337 in the plan year 2023 filing to 363 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 861817365 · Newbury Franklin Industrials LLC PY 2024 · 401(k)

Nfi 401(k) Plan · $8M · 363 · 52nd

5500 $8M
ASSETS 363
PCT 52nd
EIN 401(k)
RANK near Cenikor Foundation Defined Contribution Retirement Plan
PHOTO ind #2546

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 New York →

End-of-year total assets ($M) among Nfi 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)	$10M
Net Assets (End of Year)	$8M
Net Income	-$2M
Employer EIN	861817365
Plan Effective Date	2022-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Newbury Franklin Industrials LLC)

Latest sponsor-wide plan assets: $8M 16.052779334577068% vs 2023; 2024 filing year

Year	Plans	Participants	Total Assets
2023	1	337	$10M
2024	1	363	$8M

Nearby 401(k) Plans in New York

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

Nfi 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants

IBM 401(k) Plan $60.4B · 52,674
Morgan Stanley 401(k) Plan $22.2B · 53,860
Pfizer Savings Plan $22.0B · 33,309
The Pepsico Savings Plan $14.9B · 137,398
The Goldman Sachs 401(k) Plan $12.8B · 23,227

Compare Nfi 401(k) Plan side-by-side with 3 peers →

Nfi 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Cenikor Foundation Defined Contribution Retirement Plan in TX ($8M); by covered participants it is Mcgough Companies 401(k) Plan and Trust in MN (363 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($8M here).

Cenikor Foundation Defined Contribution Retirement Plan (TX) $8M · 202
Grace Kennedy USA Inc. Profit Sharing Plan (NJ) $8M · 140
Law Foundation of Silicon Valley 401(k) Plan (CA) $8M · 87
Martin & Bayley, Inc. 401(k) Plan (IL) $8M · 1,477

Similar participant headcount

Nearest other-state filings by covered participants (363 participants); asset peers above are excluded.

Mcgough Companies 401(k) Plan and Trust (MN) 363 · 0 off
Poindexter Nut Company , Inc. 401(k) Profit Sharing Plan (CA) 363 · 0 off
California Commercial Investment Group, Inc. 401(k) Plan (CA) 363 · 0 off
Jakks Pacific, Inc. 401(k) Plan (CA) 363 · 0 off

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 Nfi 401(k) Plan assets move in 2024? ▼

Nfi 401(k) Plan declined sharply - down 16.1% during 2024, from $10M to $8M. Reported net income was -$2M.

How have Newbury Franklin Industrials LLC plan assets changed over time? ▼

Across 2 plan years on file (2023-2024), Newbury Franklin Industrials LLC's sponsor-wide assets declined 16.1%, from $10M to $8M.

Which 401(k) plans are similar in size to Nfi 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Cenikor Foundation Defined Contribution Retirement Plan in TX ($8M, 202 participants).

Which 401(k) plans cover a similar participant headcount to Nfi 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Mcgough Companies 401(k) Plan and Trust in MN (363 participants, $89M 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 861817365.