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, Newman Technology, Inc. 401(K) Savings & Retirement Plan is a benefit plan reported by Newman Technology, Inc. under EIN 34-1561117 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,111 participants and $61,708,336 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $61,708,336
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $61,708,336
- Net assets (BOY)
- $52,987,136
Income & contributions
- Employer contributions
- $1,265,449
- Participant contributions
- $2,735,147
- Total contributions
- $4,027,825
- Total income / additions
- $14,975,999
Expenses & distributions
- Benefits paid
- $6,181,434
- Administrative expenses
- $39,505
- Total expenses
- $6,254,799
- Net increase / (decrease)
- $8,721,200