401(k) · DOL Form 5500 · 2024

New Choices, Inc. 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
233
Participants Below avg headcount
41st
Percentile by assets National rank
$20,246
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: New Choices, Inc. 401(k) Retirement Plan · Sponsored by New Choices, Inc. · Iowa · Healthcare & Social Assistance

$5M in assets, 233 participants

New Choices, Inc.'s New Choices, Inc. 401(k) Retirement Plan reported $5M in total assets and 233 participants in its 2024 DOL Form 5500 filing, ranking in the 41st 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.

  • #7,393 in Healthcare & Social Assistance (16,916 peers)

Coverage in Iowa

New Choices, Inc. 401(k) Retirement Plan covers 233 participants in Iowa, about 38% of the average Iowa filer (state average ~609 per filing). Assets: $5M.

#7,393
in Healthcare & Social Assistance (16,916 peers)
+14.5%
assets growth YoY

New Choices, Inc. 401(k) Retirement Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

New Choices, Inc. 401(k) Retirement Plan vs every filed plan by assets

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

$4,717,315 41st percentile higher than 41% 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

New Choices, Inc. 401(k) Retirement 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. New Choices, Inc. 401(k) Retirement Plan sits mid-pack in the medium band (233 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • New Choices, Inc. 401(k) Retirement Plan end-of-year assets rose from $4M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • New Choices, Inc. 401(k) Retirement Plan reported net income fell from $664K in the plan year 2023 filing to $598K in the plan year 2024 filing.
  • New Choices, Inc. 401(k) Retirement Plan reported participants rose from 224 in the plan year 2023 filing to 233 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 421444827 · New Choices, Inc. PY 2024 · 401(k)

New Choices, Inc. 401(k) Retirement Plan · $5M · 233 · 41st

  • PCT $5M
  • EIN 233
  • RANK 41st
  • PHOTO 401(k)
  • IND near Employee Benefit Plan of the Lord's Place, Inc.
  • EOY ind #7393

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 Healthcare & Social Assistance retirement plans → · Plans in Iowa →

New Choices, Inc. 401(k) Retirement Plan in the asset neighbourhood

New Choices, Inc. 401(k) Retirement PlanNew Choices, Inc. 401(k) Ret…$5MEmployee Benefit Plan of the Lord's Place, Inc.Employee Benefit Plan of the…$5MFamilies United Network 401(k) PlanFamilies United Network 401(…$5MBoston Boatworks, LLC 401(k) PlanBoston Boatworks, LLC 401(k)…$5MBalcones Resources, Inc. 401(k) PlanBalcones Resources, Inc. 401…$5M
End-of-year total assets ($M) among New Choices, Inc. 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Iowa filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$5M
Net Income$598K
Employer EIN421444827
Plan Effective Date2003-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (New Choices, Inc.)

Sponsor-wide plan assets over time

All New Choices, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$5M 36.52747312539053% vs 2022
2024 filing year
$3M$3.5M$4M$4.5M$5M 202220232024 $3.46M $4.72M ▲ +36.4%
Year Plans Participants Total Assets
2022 1 199 $3M
2023 1 224 $4M
2024 1 233 $5M

Nearby 401(k) Plans in Iowa

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

New Choices, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -20246 Total assets ($B) Participants New Choices, Inc. 401(k) Retirement Plan, Total assets ($B): 0.004717315 · Participants: 233New Choices, Inc. 401(k) Retirement PlanThe Principal Select Savings Plan, Total assets ($B): 4.579548793 · Participants: 12841The Principal Select Savings PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 3.375271119 · Participants: 14728The Rsm US LLP Retirement PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 3.306182291 · Participants: 25072Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 3.1084169 · Participants: 55411The Hy-Vee and Affiliates 401(k) PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.720479704 · Participants: 8059Transamerica 401(k) Retirement Savings Plan
New Choices, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
Compare New Choices, Inc. 401(k) Retirement Plan side-by-side with 3 peers →

New Choices, Inc. 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Iowa, the nearest 401(k) by assets is Employee Benefit Plan of the Lord's Place, Inc. in FL ($5M); by covered participants it is Mccloud Inc. 401(k) Plan in KY (233 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($5M here).

Similar participant headcount

Nearest other-state filings by covered participants (233 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 New Choices, Inc. 401(k) Retirement Plan assets move in 2024? ▼
New Choices, Inc. 401(k) Retirement Plan grew at a solid clip - up 14.5% during 2024, from $4M to $5M. Reported net income was $598K.
How have New Choices, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), New Choices, Inc.'s sponsor-wide assets grew 36.5%, from $3M to $5M.
Which 401(k) plans are similar in size to New Choices, Inc. 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Employee Benefit Plan of the Lord's Place, Inc. in FL ($5M, 144 participants).
Which 401(k) plans cover a similar participant headcount to New Choices, Inc. 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Mccloud Inc. 401(k) Plan in KY (233 participants, $151K 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 421444827.

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.