Other
2024 plan-year Other DOL Form 5500

Newage Industries, Inc. Employee Stock Ownership Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Newage Industries, Inc. · Pennsylvania · Manufacturing

What the 2023 filing shows

Newage Industries, Inc. Employee Stock Ownership Plan holds $296M for 264 participants — about $1.1M per participant, up 14.8% over the 2024 plan year.

$296M
total plan assets (2024 EOY)
264
covered participants
$1.1M
avg assets per participant
+14.8%
assets growth YoY
Total Assets (2023)
$296M
Participants
264
State
Industry
Manufacturing

What the Filing Says About Newage Industries, Inc. Employee Stock Ownership Plan

Newage Industries, Inc. Employee Stock Ownership Plan is a Other retirement plan sponsored by Newage Industries, Inc., headquartered in Pennsylvania. As of the 2024 Form 5500 filing, the plan reports $296M in total end-of-year assets and covers 264 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 231475225, and the plan has been effective since 2006-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $258M at the beginning of 2024 to $296M at year-end — a gain of 14.8%. Net assets (after liabilities) closed the year at $223M, with reported net income of $41M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$258M
Total Assets (End of Year)$296M
Net Assets (End of Year)$223M
Net Income$41M
Plan TypeOther
Employer EIN231475225
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Newage Industries, Inc.)

Year Plans Participants Total Assets
2022 2 548 $328M
2023 2 569 $276M
2024 2 521 $318M

Nearby Other Plans in Pennsylvania

Peer Other plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Newage Industries, Inc. Employee Stock Ownership Plan?
As of the 2024 Form 5500 filing, Newage Industries, Inc. Employee Stock Ownership Plan holds $296M in total assets with 264 participants. It is sponsored by Newage Industries, Inc..
What type of plan is Newage Industries, Inc. Employee Stock Ownership Plan?
Newage Industries, Inc. Employee Stock Ownership Plan is a Other plan. It has been effective since 2006-01-01. The plan is filed with the U.S. Department of Labor under EIN 231475225.
Who sponsors the Newage Industries, Inc. Employee Stock Ownership Plan?
Newage Industries, Inc. Employee Stock Ownership Plan is sponsored by Newage Industries, Inc., located in Pennsylvania. The sponsor's EIN is 231475225 and the plan operates in the Manufacturing industry.
How did Newage Industries, Inc. Employee Stock Ownership Plan perform in 2024?
Newage Industries, Inc. Employee Stock Ownership Plan grew by 14.8% during 2024, moving from $258M to $296M in total assets. Net income was $41M.
Where can I find official filings for Newage Industries, Inc. Employee Stock Ownership Plan?
Official Form 5500 filings for Newage Industries, Inc. Employee Stock Ownership Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 231475225 or plan name at efast.dol.gov.
How does Newage Industries, Inc. Employee Stock Ownership Plan compare to other plans?
You can compare Newage Industries, Inc. Employee Stock Ownership Plan against other Other plans on the plan type page, or view plans in Pennsylvania on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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