401(k) · DOL Form 5500 · 2024

Newco Industrial Plastics, LLC 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
222
Participants Below avg headcount
47th
Percentile by assets National rank
$29,872
Avg per participant Low balance/head
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Official DOL plan name: Newco Plastics 401(k) Plan · Sponsored by Newco Industrial Plastics, LLC · Michigan · Manufacturing

$7M in assets, 222 participants

Newco Industrial Plastics, LLC's Newco Plastics 401(k) Plan reported $7M in total assets and 222 participants in its 2024 DOL Form 5500 filing, ranking in the 47th 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.

  • #5,510 in Manufacturing (17,777 peers)

Coverage in Michigan

Newco Plastics 401(k) Plan covers 222 participants in Michigan, about 35% of the average Michigan filer (state average ~638 per filing). Assets: $7M.

#5,510
in Manufacturing (17,777 peers)
+20.2%
assets growth YoY

Newco Plastics 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Newco Plastics 401(k) Plan vs every filed plan by assets

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

$6,631,551 47th percentile higher than 47% 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

Newco Plastics 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. Newco Plastics 401(k) Plan sits mid-pack in the medium band (222 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Newco Plastics 401(k) Plan reported net income fell from $4M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Newco Plastics 401(k) Plan end-of-year assets rose from $6M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Newco Plastics 401(k) Plan reported participants rose from 216 in the plan year 2023 filing to 222 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 883693780 · Newco Industrial Plastics, LLC PY 2024 · 401(k)

Newco Plastics 401(k) Plan · $7M · 222 · 47th

  • SCH $7M
  • EBSA 222
  • PART 47th
  • TYPE 401(k)
  • NET near Corpus Christi Polymers LLC 401(k) Plan
  • BOOK ind #5510

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 Manufacturing retirement plans → · Plans in Michigan →

Newco Plastics 401(k) Plan in the asset neighbourhood

Newco Plastics 401(k) Plan$7MCorpus Christi Polymers LLC 401(k) PlanCorpus Christi Polymers LLC …$7M8-10 West 36th Street Corporation 401(k) Profit Sharing Plan8-10 West 36th Street Corpor…$7MTrinity Rehab, LLC 401(k) PlanTrinity Rehab, LLC 401(k) Pl…$7MSteinhardt Management Company, Inc. 401(k) Savings and Profit Sharing PlanSteinhardt Management Compan…$7M
End-of-year total assets ($M) among Newco Plastics 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$7M
Net Income$1M
Employer EIN883693780
Plan Effective Date2023-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Newco Industrial Plastics, LLC)

Sponsor-wide plan assets over time

All Newco Industrial Plastics, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$7M 20.193754866436702% vs 2023
2024 filing year
$5M$5.5M$6M$6.5M$7M 20232024 $5.52M $6.63M ▲ +20.1%
Year Plans Participants Total Assets
2023 1 216 $6M
2024 1 222 $7M

Nearby 401(k) Plans in Michigan

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

Newco Plastics 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Newco Plastics 401(k) Plan, Total assets ($B): 0.006631551 · Participants: 222Newco Plastics 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 8.2932975 · Participants: 60497Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Newco Plastics 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Newco Plastics 401(k) Plan side-by-side with 3 peers →

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

Outside Michigan, the nearest 401(k) by assets is Corpus Christi Polymers LLC 401(k) Plan in TX ($7M); by covered participants it is Brown & Crouppen, P. C. 401(k) Retirement Plan in MO (222 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (222 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 Newco Plastics 401(k) Plan assets move in 2024? ▼
Newco Plastics 401(k) Plan grew sharply - up 20.2% during 2024, from $6M to $7M. Reported net income was $1M.
How have Newco Industrial Plastics, LLC plan assets changed over time? ▼
Across 2 plan years on file (2023-2024), Newco Industrial Plastics, LLC's sponsor-wide assets grew 20.2%, from $6M to $7M.
Which 401(k) plans are similar in size to Newco Plastics 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Corpus Christi Polymers LLC 401(k) Plan in TX ($7M, 44 participants).
Which 401(k) plans cover a similar participant headcount to Newco Plastics 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Brown & Crouppen, P. C. 401(k) Retirement Plan in MO (222 participants, $17M 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 883693780.

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.