2023 Form 5500 filing — Newage Industries, Inc. Employee Stock Ownership Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241014105655NAL0025984049001) for Newage Industries, Inc. Employee Stock Ownership Plan, reported by Newage Industries, Inc. under EIN 23-1475225 and plan number 004. It reports 375 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014105655NAL0025984049001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Newage Industries, Inc.
- EIN
- 23-1475225
- Plan number
- 004
- Location
- Southampton, PA
- Participants
- 375
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $257,580,354
- Total liabilities (EOY)
- $76,291,949
- Net assets (EOY)
- $181,288,405
- Employer contributions
- $2,166,956
- Total income / additions
- -$40,033,697
- Benefits paid
- $8,015,451
- Administrative expenses
- $96,679
- Total expenses
- $9,703,630
- Net increase / (decrease)
- -$49,737,327
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Wells Fargo | NONE | $53,261 | not reported in the loaded dataset |
| Vanguard | NONE | $40,693 | not reported in the loaded dataset |