Profit Sharing · DOL Form 5500 · 2024

Newman Sanitary Gasket Company Profit Sharing Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
42
Participants Small participant base
42nd
Percentile by assets National rank
$119,877
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Newman and Caribe Profit Sharing Retirement Plan · Sponsored by Newman Sanitary Gasket Company · Ohio · Manufacturing

$5M in assets, 42 participants

Newman Sanitary Gasket Company's Newman and Caribe Profit Sharing Retirement Plan reported $5M in total assets and 42 participants in its 2024 DOL Form 5500 filing, ranking in the 42nd 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.

  • #4,485 in Manufacturing (17,777 peers)

Newman Sanitary Gasket Company multi-year trail

Newman Sanitary Gasket Company's plans moved +32.9% in assets from 2022 to 2024; this filing shows Newman and Caribe Profit Sharing Retirement Plan at $5M / 42 participants.

#4,485
in Manufacturing (17,777 peers)
+12.5%
assets growth YoY

Newman and Caribe Profit Sharing Retirement Plan's mid-pack asset rank among Manufacturing and all filers

Newman and Caribe Profit Sharing Retirement Plan vs every filed plan by assets

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

$5,034,850 42nd percentile higher than 42% 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 and Caribe Profit Sharing Retirement Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Newman and Caribe Profit Sharing Retirement Plan is a small filing (42 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Newman and Caribe Profit Sharing Retirement Plan reported net income fell from $687K in the plan year 2023 filing to $559K in the plan year 2024 filing.
  • Newman and Caribe Profit Sharing Retirement Plan end-of-year assets rose from $4M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Newman and Caribe Profit Sharing Retirement Plan reported participants fell from 47 in the plan year 2023 filing to 42 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 310895168 · Newman Sanitary Gasket Company PY 2024 · Profit Sharing

Newman and Caribe Profit Sharing Retirement Plan · $5M · 42 · 42nd

  • PHOTO $5M
  • IND 42
  • EOY 42nd
  • 5500 Profit Sharing
  • ASSETS near All Metal Sales, Inc. Profit Sharing Plan
  • PCT ind #4485

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 and Caribe Profit Sharing Retirement Plan in the asset neighbourhood

All Metal Sales, Inc. Profit Sharing PlanAll Metal Sales, Inc. Profit…$5MStephen J. Klein, D.D.S. Defined Contribution PlanStephen J. Klein, D.D.S. Def…$5MNewman and Caribe Profit Sharing Retirement PlanNewman and Caribe Profit Sha…$5MFelix J. Seda Ent, Psc Retirement PlanFelix J. Seda Ent, Psc Retir…$5MDiversified Metal Services Inc Profit Sharing PlanDiversified Metal Services I…$5M
End-of-year total assets ($M) among Newman and Caribe Profit Sharing Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Newman Sanitary Gasket Company multi-year asset trail

Sponsor-wide plan assets over time

All Newman Sanitary Gasket Company plans reported in each filing year

Latest sponsor-wide plan assets
$5M 32.8733780585869% vs 2022
2024 filing year
$3.5M$4M$4.5M$5M$5.5M 202220232024 $3.79M $5.03M ▲ +32.7%
Year Plans Participants Total Assets
2022 1 50 $4M
2023 1 47 $4M
2024 1 42 $5M

Newman Sanitary Gasket Company filing trail (2024)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$5M
Net Income$559K
Employer EIN310895168
Plan Effective Date1984-11-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Ohio

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

Newman and Caribe Profit Sharing Retirement Plan vs. nearby Profit Sharing plans in Ohio, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -0.500.511.52 Total assets ($B) Participants Newman and Caribe Profit Sharing Retirement Plan, Total assets ($B): 0.00503485 · Participants: 42Newman and Caribe Profit Sharing Retirement PlanCleveland Clinic Investment Pension Plan, Total assets ($B): 1.771113936 · Participants: 51751Cleveland Clinic Investment Pension PlanMasterbrand, Inc. Retirement Savings Plan, Total assets ($B): 0.544315052 · Participants: 6062Masterbrand, Inc. Retirement Savings PlanWorthington Steel, Inc. 401(k) Retirement Savings Plan, Total assets ($B): 0.523297754 · Participants: 2500Worthington Steel, Inc. 401(k) Retirement Savings PlanThe Employer Retirement Savings Plan - Premier Health Partners, Total assets ($B): 0.24382437 · Participants: 12736The Employer Retirement Savings Plan - Premier Health PartnersThree Rivers Annuity Fund, Total assets ($B): 0.21367125 · Participants: 960Three Rivers Annuity Fund
Newman and Caribe Profit Sharing Retirement Plan vs. nearby Profit Sharing plans in Ohio, assets vs. participants
Compare Newman and Caribe Profit Sharing Retirement Plan side-by-side with 3 peers →

Newman and Caribe Profit Sharing Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Ohio, the nearest Profit Sharing by assets is All Metal Sales, Inc. Profit Sharing Plan in NY ($5M); by covered participants it is Professional Manufacturers Reps., Inc. Profit Sharing Plan in GA (42 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (42 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 and Caribe Profit Sharing Retirement Plan assets move in 2024? ▼
Newman and Caribe Profit Sharing Retirement Plan grew at a solid clip - up 12.5% during 2024, from $4M to $5M. Reported net income was $559K.
How have Newman Sanitary Gasket Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Newman Sanitary Gasket Company's sponsor-wide assets grew 32.9%, from $4M to $5M.
Which Profit Sharing plans are similar in size to Newman and Caribe Profit Sharing Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is All Metal Sales, Inc. Profit Sharing Plan in NY ($5M, 2 participants).
Which Profit Sharing plans cover a similar participant headcount to Newman and Caribe Profit Sharing Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Professional Manufacturers Reps., Inc. Profit Sharing Plan in GA (42 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 310895168.

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.