Profit Sharing · DOL Form 5500 · 2024

New-Com, Inc. Profit Sharing Plan

Data updated 2026-07-24

$20M
Total assets
88
Participants
70th
Percentile by assets
$226,535
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

$20M in assets, 88 participants

New-Com, Inc.'s New-Com, Inc. Employees Profit Sharing Plan reported $20M in total assets and 88 participants in its 2024 DOL Form 5500 filing, ranking in the 70th 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.

  • 70th percentile by assets (of 116,472 plans)

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 $20M / 88 participants.

$20M
total plan assets (2024 EOY)
88
covered participants
70th
percentile by assets (of 116,472 plans)
$226,535
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • New-Com, Inc. Employees Profit Sharing Plan reported net income rose from $2M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • New-Com, Inc. Employees Profit Sharing Plan end-of-year assets rose from $18M in the plan year 2023 filing to $20M in the plan year 2024 filing.
  • New-Com, Inc. Employees Profit Sharing Plan reported participants fell from 91 in the plan year 2023 filing to 88 in the plan year 2024 filing.

See the national 2023→2024 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 â–˛ +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 (2024)

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$20M
Net Income$3M
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. -20000200040006000 -2000200400600 Total assets ($M) Participants New-Com, Inc. Employ…I.B.E.W. Local Union…James E. Nave, D. V.…Construction Industr…Keystone USA Corpora…Calportland Construc…
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 2024?
New-Com, Inc. Employees Profit Sharing Plan grew at a solid clip - up 9.7% during 2024, from $18M to $20M. Reported net income was $3M.
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 Gtp Retirement Plan in PA ($20M, 244 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.

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 880195236.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.