Newage Industries, Inc.ESOP
NEWAGE INDUSTRIES, INC. EMPLOYEE STOCK OWNERSHIP PLAN · SOUTHAMPTON, PA · plan year 2022
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Newage Industries, Inc. reported $171,416 in plan administrative expenses for 2022: 0.06% of average plan assets, below the peer median. Employer contributions averaged $3,569 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.
Across the 2 years on file its reported administrative ratio fell from 0.06% to 0.04%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,568 comparable plans and shown alongside other manufacturing employers. By assets it is the 252nd-largest of 3,651 plans among Pennsylvania employers on file, and the 1,051st of 13,661 in manufacturing.
Newage Industries, Inc.'s 2022 employer contribution ran below the $4,065 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 231475225 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.