How big is NU-Way Industries, Inc.'s plan?

NU-Way Industries, Inc.'s plan reported $13.0M in assets and 251 participants for 2024.

Original filing (PDF)20251015153559NAL0002679715001

NU-Way Industries, Inc.

Name: NU-Way Industries, Inc. — NU-Way Industries, Inc., Form 5500 (2024)
Creator: NU-Way Industries, Inc.
License: https://www.usa.gov/government-works

Form 5500

FILING_RECEIVED

NU-Way Industries, Inc. Profit Sharing Plan

401(k) retirement plan · NU-Way Industries, Inc.'s NU-Way Industries, Inc. Profit Sharing Plan held $13.0M in plan assets for 251 participants in 2024, with Merrill (Bank of America) as recordkeeper.

Signals · 1

29% in single holding

Active participants

251

Accounts w/ balance

217

Plan assets (EOY)

$13.0M

Net assets (EOY)

$13.0M

People on this filing

Mary L Howard signed NU-Way Industries, Inc.'s 2024 Form 5500 as plan administrator.

Mary L Howard — Plan Administrator — Form 5500 signer

Get verified email & phone for these signers

Signer names are public record from the Form 5500 e-signature.

Plan identifiers

NU-Way Industries, Inc.'s EIN is 36-2699342.

EIN 36-2699342

Plan number 001

Plan year 2024

ACK ID 20251015153559NAL0002679715001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for NU-Way Industries, Inc. from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

NU-Way Industries, Inc.'s plan includes profit-sharing, ERISA 404(c) participant direction, a 401(k) feature, a default investment (QDIA).

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for NU-WAY INDUSTRIES, INC..

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How this plan invests

This plan

25 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score

Average plan with room to improve

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool.

Compliance & integrity

100

Total plan cost

Plan health

Vendor & structure

100

Knocking points off

Total administrative cost in the bottom quartile of peers (18th percentile).
Low account-holder ratio — balance-holders per active participant in the bottom quartile of peers (18th percentile).

Plan sponsor

Name

NU-WAY INDUSTRIES, INC.

EIN

all filings

Address

2301 LUNT AVENUE · ELK GROVE VILLAGE, IL · 60007

Phone

(847) 298-7710

Industry

Manufacturing

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

001

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-10-15

Pension benefit codes

2E · Profit-sharing

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2J · 401(k) feature

2K · 401(m) arrangement

2T · Default investment account (QDIA)

3D · Pre-approved plan (master / prototype / VS)

Audit & trust (Schedule H)

Service providers (Schedule C)

1 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
MERRILL LYNCH, PIERCE, FENNER AND S	13-5674085	—	RECORDKEEPER	$70K	—

Investments

25 direct securities· $13.8M(100% of reported assets)

Other securities

$7.4M

10 holdings

Mutual Funds

$6.1M

12 holdings

Bonds / Notes

$207K

1 holding

Cash / Money Market

$73K

1 holding

Common Stocks

$16K

1 holding

					% of plan
JPMorgan Core Bond Fund - Class R6 GM	Other securities	—	—	$4.0M	30.6%
American Funds Washington Mutual Investors Fund - Class R-6 GM	Mutual Funds	—	—	$1.8M	13.6%
MFS International Diversification Fund - Class R6 GM	Mutual Funds	—	—	$1.8M	13.5%
T. Rowe Price All-Cap Opportunities Fund - I Class GM	Other securities	—	—	$1.1M	8.6%
T. Rowe Price All-Cap Opportunities Fund - I Class	Other securities	—	—	$996K	7.6%
MFS Mid Cap Value Fund - Class R6 GM	Mutual Funds	—	—	$672K	5.2%
BlackRock BLF T-Fund - Premier Class GM	Other securities	—	—	$665K	5.1%
INVESCO DISCVRY MD CP GR R6 GM MUTUAL FUNDS	Mutual Funds	—	$431K	$544K	4.2%
Invesco Discovery Mid Cap Growth Fund - Class R6 GM	Mutual Funds	—	—	$544K	4.2%
Macquarie Small Cap Value Fund - Class R6 GM	Other securities	—	—	$342K	2.6%
and Money Market Mutual Funds American Funds Washington Mutual Investors Fund - Class R-6	Mutual Funds	—	—	$322K	2.5%
Janus Henderson Triton Fund - Class N GM	Mutual Funds	—	—	$222K	1.7%
ACCRUED INCOME ACCRUED INCOME 561 LOAN FUND LOANS	Other securities	—	$207K	$207K	1.6%
Participant loans Interest rates from 4.25% to 9.50% - 0 -	Bonds / Notes	—	—	$207K	1.6%
MFS Mid Cap Value Fund - Class R6	Mutual Funds	—	—	$119K	0.9%
BlackRock Global Allocation Fund - Investor A Shares	Other securities	—	$76K	$78K	0.6%
BLACKROCK T-FUND PREMIER CL MONEY MARKET	Cash / Money Market	—	$73K	$73K	0.6%
PIMCO COMMODITIESPLUS INSTL MUTUAL FUNDS	Mutual Funds	—	$48K	$46K	0.4%
Janus Henderson Triton Fund - Class N	Mutual Funds	—	—	$36K	0.3%
Macquarie Small Cap Value Fund - Class R6	Other securities	—	—	$24K	0.2%
Cohen & Steers Real Estate Securities Fund, Inc. - Class Z	Common Stocks	—	—	$16K	0.1%
Invesco Discovery Mid Cap Growth Fund - Class R6	Mutual Funds	—	$12K	$14K	0.1%
MFS International Diversification Fund - Class R6	Mutual Funds	—	—	$12K	<0.1%
PGIM High Yield Fund - Class R6	Other securities	—	—	$9K	<0.1%
JPMorgan Core Bond Fund - Class R6	Other securities	—	—	$6K	<0.1%