ESOP · DOL Form 5500 · 2024

Newage Industries, Inc. ESOP

Data updated 2026-08-25

$296M
Total assets Near avg plan size
264
Participants Below avg headcount
96th
Percentile by assets National rank
$1.1M
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Newage Industries, Inc. Employee Stock Ownership Plan · Sponsored by Newage Industries, Inc. · Pennsylvania · Manufacturing

$296M in assets, 264 participants

Newage Industries, Inc.'s Newage Industries, Inc. Employee Stock Ownership Plan reported $296M in total assets and 264 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

  • #16,595 in Manufacturing (17,777 peers)

Coverage in Pennsylvania

Newage Industries, Inc. Employee Stock Ownership Plan covers 264 participants in Pennsylvania, about 32% of the average Pennsylvania filer (state average ~822 per filing). Assets: $296M.

#16,595
in Manufacturing (17,777 peers)
+14.8%
assets growth YoY
3.0×
vs typical plan assets (national mean)

Newage Industries, Inc. Employee Stock Ownership Plan's outsized position by total assets

Newage Industries, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$295,790,272 Top 4% higher than 96% 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

Newage Industries, Inc. Employee Stock Ownership 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. Newage Industries, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (264 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Newage Industries, Inc. Employee Stock Ownership Plan reported net income rose from -$50M in the plan year 2023 filing to $41M in the plan year 2024 filing.
  • Newage Industries, Inc. Employee Stock Ownership Plan end-of-year assets rose from $258M in the plan year 2023 filing to $296M in the plan year 2024 filing.
  • Newage Industries, Inc. Employee Stock Ownership Plan reported participants fell from 292 in the plan year 2023 filing to 264 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 231475225 · Newage Industries, Inc. PY 2024 · ESOP

Newage Industries, Inc. Employee Stock Ownership Plan · $296M · 264 · 96th

  • EOY $296M
  • 5500 264
  • ASSETS 96th
  • PCT ESOP
  • EIN near Locke Supply Co. Employee Stock Ownership Plan
  • RANK ind #16595

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 What is an ESOP? → · Plans in Pennsylvania →

Newage Industries, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Conair LLC Savings and Investment PlanConair LLC Savings and Inves…$303MNewage Industries, Inc. Employee Stock Ownership PlanNewage Industries, Inc. Empl…$296MLocke Supply Co. Employee Stock Ownership PlanLocke Supply Co. Employee St…$293MHatco Corporation Employee Stock Ownership PlanHatco Corporation Employee S…$291MExtreme Engineering Solutions, Inc. Employee Stock Ownership PlanExtreme Engineering Solution…$291M
End-of-year total assets ($M) among Newage Industries, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Pennsylvania filing particulars

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

Sponsor Plan History (Newage Industries, Inc.)

Sponsor-wide plan assets over time

All Newage Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$318M 2.8159103297975574% vs 2022
2024 filing year
$260M$280M$300M$320M$340M 202220232024 $328M $318M ▼ -2.8%
Year Plans Participants Total Assets
2022 2 548 $328M
2023 2 569 $276M
2024 2 521 $318M

Nearby ESOP Plans in Pennsylvania

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

Newage Industries, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 0246 Total assets ($B) Participants Newage Industries, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.295790272 · Participants: 264Newage Industries, Inc. Employee Stock Ownership PlanWawa, Inc. Employee Stock Ownership Plan, Total assets ($B): 5.530536956 · Participants: 37745Wawa, Inc. Employee Stock Ownership PlanBradford White Corporation Employee Stock Ownership Plan and Trust Agreement, Total assets ($B): 1.796343385 · Participants: 544Bradford White Corporation Employee Stock Ownership Plan and Trust AgreementSheetz, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.721026406 · Participants: 14939Sheetz, Inc. Employee Stock Ownership PlanCentimark Corporation Employee Stock Ownership Plan and Trust, Total assets ($B): 0.679618162 · Participants: 2444Centimark Corporation Employee Stock Ownership Plan and TrustD & H Employee Stock Ownership Plan, Total assets ($B): 0.313919418 · Participants: 1459D & H Employee Stock Ownership Plan
Newage Industries, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants
Compare Newage Industries, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Newage Industries, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Pennsylvania, the nearest ESOP by assets is Locke Supply Co. Employee Stock Ownership Plan in OK ($293M); by covered participants it is Deschutes Brewery, Inc. Employee Stock Ownership Plan in OR (264 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (264 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 Newage Industries, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Newage Industries, Inc. Employee Stock Ownership Plan grew at a solid clip - up 14.8% during 2024, from $258M to $296M. Reported net income was $41M.
How have Newage Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Newage Industries, Inc.'s sponsor-wide assets declined 2.8%, from $328M to $318M.
Where does Newage Industries, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Newage Industries, Inc. Employee Stock Ownership Plan ranks in the 96th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which ESOP plans are similar in size to Newage Industries, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Locke Supply Co. Employee Stock Ownership Plan in OK ($293M, 1,287 participants).
Which ESOP plans cover a similar participant headcount to Newage Industries, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Deschutes Brewery, Inc. Employee Stock Ownership Plan in OR (264 participants, $5M 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 231475225.

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.