Newage Industries, Inc. 401(K) Plan — Form 5500 plan (Newage Industries, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Newage Industries, Inc. 401(K) Plan is a benefit plan reported by Newage Industries, Inc. under EIN 23-1475225 and plan number 003. The latest loaded filing year is 2023. The filing reports 335 participants and $18,550,261 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Newage Industries, Inc.
EIN
23-1475225
Plan number
003
Plan type
2
Location
Southampton, PA
Latest filing year
2023
Participants
335
End-of-year plan assets
$18,550,261

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023335H, C20241014085311NAL0025763233001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$18,550,261
Total liabilities (EOY)
$0
Net assets (EOY)
$18,550,261
Net assets (BOY)
$17,294,769

Income & contributions

Employer contributions
$1,042,839
Participant contributions
$1,012,194
Total contributions
$2,072,176
Total income / additions
$4,811,474

Expenses & distributions

Benefits paid
$3,487,428
Administrative expenses
$62,152
Total expenses
$3,555,982
Net increase / (decrease)
$1,255,492

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance CompanyRECORDKEEPER$57,080$02023
Cetera Advisors, LLCADVISOR$0$40,9952023
Ascensus Holdings Inc Dba FutureplaCONTRACT ADMINISTRATOR$5,000not reported in the loaded dataset2023

Related Form 5500 pages