Profit Sharing · DOL Form 5500 · 2023

New-Com, Inc. Profit Sharing Plan

Data updated 2026-08-11

$18M
Total assets
91
Participants
71st
Percentile by assets
$199,629
Avg per participant
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Official DOL plan name: New-Com, Inc. Employees Profit Sharing Plan · Sponsored by New-Com, Inc. · Nevada · Construction

$18M in assets, 91 participants

New-Com, Inc.'s New-Com, Inc. Employees Profit Sharing Plan reported $18M in total assets and 91 participants in its 2023 DOL Form 5500 filing, ranking in the 71st 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.

  • 71st percentile by assets (of 127,072 plans)
  • #6,283 in Construction (9,030 peers)

New-Com, Inc. multi-year trail

New-Com, Inc.'s plans moved +27.5% in assets from 2022 to 2024; this filing shows New-Com, Inc. Employees Profit Sharing Plan at $18M / 91 participants.

$18M
total plan assets (2023 EOY)
91
covered participants
71st
percentile by assets (of 127,072 plans)
$199,629
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • New-Com, Inc. Employees Profit Sharing Plan reported net income rose from -$3M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • New-Com, Inc. Employees Profit Sharing Plan end-of-year assets rose from $16M in the plan year 2022 filing to $18M in the plan year 2023 filing.
  • New-Com, Inc. Employees Profit Sharing Plan reported participants rose from 87 in the plan year 2022 filing to 91 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

New-Com, Inc. across 3 plan years on file

Across the 3 plan years New-Com, Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $16M to $20M, a gain of 27.5%, while reported participants moved from 87 to 88 (+1.1%). Peak year by sponsor assets: 2024 ($20M); trough: 2022 ($16M).

New-Com, Inc. multi-year asset trail

$14M$16M$18M$20M$22M 202220232024 $15.6M $19.9M ▲ +27.5%
Total plan assets by year, all New-Com, Inc. plans on file
Year Plans Participants Total Assets
2022 1 87 $16M
2023 1 91 $18M
2024 1 88 $20M

New-Com, Inc. filing trail (2023)

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$17M
Net Income$2M
Employer EIN880195236
Plan Effective Date1984-02-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Nevada

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

New-Com, Inc. Employees Profit Sharing Plan vs. nearby Profit Sharing plans in Nevada, assets vs. participants

New-Com, Inc. Employees Profit Sharing Plan vs. nearby Profit Sharing plans in Nevada, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -2000200400600 Total assets ($M) Participants New-Com, Inc. Employ…I.B.E.W. Local Union…Cement Masons and Pl…Marina Plon, M.D. Pr…Bricklayers & Allied…Construction Industr…
New-Com, Inc. Employees Profit Sharing Plan vs. nearby Profit Sharing plans in Nevada, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to New-Com, Inc. Employees Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did New-Com, Inc. Employees Profit Sharing Plan assets move in 2023?
New-Com, Inc. Employees Profit Sharing Plan grew sharply - up 16.2% during 2023, from $16M to $18M. Reported net income was $2M.
How have New-Com, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), New-Com, Inc.'s sponsor-wide assets grew 27.5%, from $16M to $20M.
Which Profit Sharing plans are similar in size to New-Com, Inc. Employees Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Barrett Hospital Development Corporation 403(b) Plan in MT ($18M, 226 participants).

Next read for New-Com, Inc. Employees Profit Sharing P…

Multi-year trail

Ways to act on New-Com, Inc. Employees Profit Sharing Plan's numbers.