401(k) · DOL Form 5500 · 2024

Newman Technology, Inc. 401(k) Plan

Data updated 2026-08-25

$72M
Total assets Below avg plan size
1,119
Participants Near avg headcount
88th
Percentile by assets National rank
$63,925
Avg per participant Low balance/head
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Official DOL plan name: Newman Technology, Inc. 401(k) Savings & Retirement Plan · Sponsored by Newman Technology, Inc. · Ohio · Manufacturing

$72M in assets, 1,119 participants

Newman Technology, Inc.'s Newman Technology, Inc. 401(k) Savings & Retirement Plan reported $72M in total assets and 1,119 participants in its 2024 DOL Form 5500 filing, ranking in the 88th 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.

  • #14,606 in Manufacturing (17,777 peers)

Where Newman Technology, Inc. 401(k) Savings & Retirement Plan sits by assets

Newman Technology, Inc. 401(k) Savings & Retirement Plan sits in the top quartile of all filed plans by assets, $72M for 1,119 participants (~$63,925/participant), up 15.9% in 2024.

#14,606
in Manufacturing (17,777 peers)
+15.9%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Newman Technology, Inc. 401(k) Savings & Retirement Plan's outsized position by total assets

Newman Technology, Inc. 401(k) Savings & Retirement Plan vs every filed plan by assets

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

$71,532,488 Top 12% higher than 88% 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

Newman Technology, Inc. 401(k) Savings & Retirement Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Newman Technology, Inc. 401(k) Savings & Retirement Plan lands in the large band (1,119 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Newman Technology, Inc. 401(k) Savings & Retirement Plan reported participants rose from 952 in the plan year 2023 filing to 1,119 in the plan year 2024 filing.
  • Newman Technology, Inc. 401(k) Savings & Retirement Plan end-of-year assets rose from $62M in the plan year 2023 filing to $72M in the plan year 2024 filing.
  • Newman Technology, Inc. 401(k) Savings & Retirement Plan reported net income rose from $9M in the plan year 2023 filing to $10M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 341561117 · Newman Technology, Inc. PY 2024 · 401(k)

Newman Technology, Inc. 401(k) Savings & Retirement Plan · $72M · 1,119 · 88th

  • BOOK $72M
  • BOOK 1,119
  • BOOK 88th
  • BOOK 401(k)
  • BOOK near Science & Engineering Services, Inc. 401(k) Plan
  • BOOK ind #14606

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 Ohio →

Newman Technology, Inc. 401(k) Savings & Retirement Plan in the asset neighbourhood

Central City Concern Retirement PlanCentral City Concern Retirem…$72MPioneer Employees 401 (K) PlanPioneer Employees 401 (K) Pl…$72MNewman Technology, Inc. 401(k) Savings & Retirement PlanNewman Technology, Inc. 401(…$72MScience & Engineering Services, Inc. 401(k) PlanScience & Engineering Servic…$72MSchmidbauer Lumber Sawmills 401(k) PlanSchmidbauer Lumber Sawmills …$72M
End-of-year total assets ($M) among Newman Technology, Inc. 401(k) Savings & Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$62M
Net Assets (End of Year)$72M
Net Income$10M
Employer EIN341561117
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Newman Technology, Inc.)

Sponsor-wide plan assets over time

All Newman Technology, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$72M 34.999715025192906% vs 2022
2024 filing year
$50M$60M$70M$80M 202220232024 $53M $71.5M ▲ +35.0%
Year Plans Participants Total Assets
2022 1 1,017 $53M
2023 1 952 $62M
2024 1 1,119 $72M

Nearby 401(k) Plans in Ohio

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

Newman Technology, Inc. 401(k) Savings & Retirement Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Newman Technology, Inc. 401(k) Savings & Retirement Plan, Total assets ($B): 0.071532488 · Participants: 1119Newman Technology, Inc. 401(k) Savings & Retirement PlanGE Aerospace Retirement Savings Plan, Total assets ($B): 14.738724553 · Participants: 45620GE Aerospace Retirement Savings PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 11.809161 · Participants: 135373The Kroger Co. 401(k) Retirement Savings Account PlanThe Progressive 401(k) Plan, Total assets ($B): 11.533546294 · Participants: 62521The Progressive 401(k) PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.563559628 · Participants: 47459The Sherwin-Williams Company 401(k) PlanParker Retirement Savings Plan, Total assets ($B): 9.010073432 · Participants: 26315Parker Retirement Savings Plan
Newman Technology, Inc. 401(k) Savings & Retirement Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Newman Technology, Inc. 401(k) Savings & Retirement Plan side-by-side with 3 peers →

Newman Technology, Inc. 401(k) Savings & Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Science & Engineering Services, Inc. 401(k) Plan in MD ($72M); by covered participants it is Cec 401(k) Retirement Plan in TX (1,119 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($72M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,119 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 Newman Technology, Inc. 401(k) Savings & Retirement Plan assets move in 2024? ▼
Newman Technology, Inc. 401(k) Savings & Retirement Plan grew sharply - up 15.9% during 2024, from $62M to $72M. Reported net income was $10M.
How have Newman Technology, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Newman Technology, Inc.'s sponsor-wide assets grew 35.0%, from $53M to $72M.
Where does Newman Technology, Inc. 401(k) Savings & Retirement Plan rank by assets among Form 5500 filers? ▼
Newman Technology, Inc. 401(k) Savings & Retirement Plan ranks in the 88th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Newman Technology, Inc. 401(k) Savings & Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Science & Engineering Services, Inc. 401(k) Plan in MD ($72M, 594 participants).
Which 401(k) plans cover a similar participant headcount to Newman Technology, Inc. 401(k) Savings & Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Cec 401(k) Retirement Plan in TX (1,119 participants, $20M 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 341561117.

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.