401(k) · DOL Form 5500 · 2024

Hertzberg-New Method, Inc. 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
125
Participants Small participant base
47th
Percentile by assets National rank
$53,018
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Hertzberg-New Method Retirement Plan · Sponsored by Hertzberg-New Method, Inc. · Illinois · Manufacturing

$7M in assets, 125 participants

Hertzberg-New Method, Inc.'s Hertzberg-New Method Retirement Plan reported $7M in total assets and 125 participants in its 2024 DOL Form 5500 filing, ranking in the 47th 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.

  • #5,506 in Manufacturing (17,777 peers)

Coverage in Illinois

Hertzberg-New Method Retirement Plan covers 125 participants in Illinois, about 16% of the average Illinois filer (state average ~779 per filing). Assets: $7M.

#5,506
in Manufacturing (17,777 peers)
+9.8%
assets growth YoY

Hertzberg-New Method Retirement Plan's mid-pack asset rank among Manufacturing and all filers

Hertzberg-New Method Retirement Plan vs every filed plan by assets

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

$6,627,242 47th percentile higher than 47% 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

Hertzberg-New Method 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. Hertzberg-New Method Retirement Plan sits mid-pack in the medium band (125 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hertzberg-New Method Retirement Plan reported net income fell from $820K in the plan year 2023 filing to $594K in the plan year 2024 filing.
  • Hertzberg-New Method Retirement Plan end-of-year assets rose from $6M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Hertzberg-New Method Retirement Plan reported participants rose from 121 in the plan year 2023 filing to 125 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 371001726 · Hertzberg-New Method, Inc. PY 2024 · 401(k)

Hertzberg-New Method Retirement Plan · $7M · 125 · 47th

  • IND $7M
  • IND 125
  • IND 47th
  • IND 401(k)
  • IND near Bci Solutions, Inc. 401(k) Plan
  • IND ind #5506

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 Illinois →

Hertzberg-New Method Retirement Plan in the asset neighbourhood

Hertzberg-New Method Retirement PlanHertzberg-New Method Retirem…$7MBci Solutions, Inc. 401(k) PlanBci Solutions, Inc. 401(k) P…$7MTate Ornamental 401(k) Plan$7MViridian Management Inc 401(k) Profit Sharing Plan & TrustViridian Management Inc 401(…$7MPolacheck & Associates, Inc. Profit Sharing PlanPolacheck & Associates, Inc.…$7M
End-of-year total assets ($M) among Hertzberg-New Method Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Illinois filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$7M
Net Income$594K
Employer EIN371001726
Plan Effective Date1985-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hertzberg-New Method, Inc.)

Sponsor-wide plan assets over time

All Hertzberg-New Method, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$7M 27.110582936195193% vs 2022
2024 filing year
$5M$5.5M$6M$6.5M$7M 202220232024 $5.21M $6.63M ▲ +27.3%
Year Plans Participants Total Assets
2022 1 120 $5M
2023 1 121 $6M
2024 1 125 $7M

Nearby 401(k) Plans in Illinois

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

Hertzberg-New Method Retirement Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants Hertzberg-New Method Retirement Plan, Total assets ($B): 0.006627242 · Participants: 125Hertzberg-New Method Retirement PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 21.302643276 · Participants: 66965Accenture United States 401(k) Match and Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 19.010099056 · Participants: 63297State Farm 401(k) Savings PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 16.835964452 · Participants: 16659United Airlines Pilot Retirement Account PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 15.755668 · Participants: 38229Abbott Laboratories Stock Retirement PlanWalgreens Retirement Savings Plan, Total assets ($B): 14.535873337 · Participants: 233635Walgreens Retirement Savings Plan
Hertzberg-New Method Retirement Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Hertzberg-New Method Retirement Plan side-by-side with 3 peers →

Hertzberg-New Method Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Bci Solutions, Inc. 401(k) Plan in IN ($7M); by covered participants it is Portland Forge Interim Manufacturing Plan in IN (125 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (125 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 Hertzberg-New Method Retirement Plan assets move in 2024? ▼
Hertzberg-New Method Retirement Plan grew at a solid clip - up 9.8% during 2024, from $6M to $7M. Reported net income was $594K.
How have Hertzberg-New Method, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hertzberg-New Method, Inc.'s sponsor-wide assets grew 27.1%, from $5M to $7M.
Which 401(k) plans are similar in size to Hertzberg-New Method Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Bci Solutions, Inc. 401(k) Plan in IN ($7M, 156 participants).
Which 401(k) plans cover a similar participant headcount to Hertzberg-New Method Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Portland Forge Interim Manufacturing Plan in IN (125 participants, $2M 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 371001726.

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.