Newport Industries Inc.
Plan context: The Kelso-Burnett Co Employee Stock Ownership Plan
EIN 27-1481214 • Rolling Meadows, IL • 38 filings • 8 plans
Current Snapshot
Latest Year
2025
2025 Participants
165
2025 Assets
$91,533,632
2025 Contributions
$4,638,676
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
Company Timeline
Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.
| Year / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2025 | 1 | 165 | $0 | $0 | - |
| Newport Industries Inc. Wrap Plan | - | 165 | - | - | - |
| 2024 | 3 | 148 | $91,533,632 | $4,638,676 | $31,342iApproximate average salary by contribution assumption: employee only about $783,560 at 4% or $522,373 at 6%; with 50% employer match about $522,373 at 4% or $348,249 at 6%; with 100% employer match about $391,780 at 4% or $261,187 at 6%. |
| The Kelso-Burnett Co Employee Stock Ownership Plan | - | 127 | $68,059,296 | $1,995,218 | $15,710iApproximate average salary by contribution assumption: employee only about $392,759 at 4% or $261,840 at 6%; with 50% employer match about $261,840 at 4% or $174,560 at 6%; with 100% employer match about $196,380 at 4% or $130,920 at 6%. |
| Newport Industries Inc. 401(K) Plan | - | 126 | $23,474,336 | $2,643,458 | $20,980iApproximate average salary by contribution assumption: employee only about $524,496 at 4% or $349,664 at 6%; with 50% employer match about $349,664 at 4% or $233,109 at 6%; with 100% employer match about $262,248 at 4% or $174,832 at 6%. |
| Newport Industries Inc. Wrap Plan | - | 148 | - | - | - |
| 2023 | 3 | 152 | $82,209,147 | $3,744,563 | $24,635iApproximate average salary by contribution assumption: employee only about $615,882 at 4% or $410,588 at 6%; with 50% employer match about $410,588 at 4% or $273,725 at 6%; with 100% employer match about $307,941 at 4% or $205,294 at 6%. |
| The Kelso-Burnett Co Employee Stock Ownership Plan | - | 118 | $62,892,779 | $1,933,126 | $16,382iApproximate average salary by contribution assumption: employee only about $409,561 at 4% or $273,040 at 6%; with 50% employer match about $273,040 at 4% or $182,027 at 6%; with 100% employer match about $204,780 at 4% or $136,520 at 6%. |
| Newport Industries Inc. 401(K) Plan | - | 152 | $19,316,368 | $1,811,437 | $11,917iApproximate average salary by contribution assumption: employee only about $297,934 at 4% or $198,622 at 6%; with 50% employer match about $198,622 at 4% or $132,415 at 6%; with 100% employer match about $148,967 at 4% or $99,311 at 6%. |
| Newport Industries Inc. Wrap Plan | - | 135 | - | - | - |
| 2022 | 3 | 134 | $65,908,630 | $2,930,493 | $21,869iApproximate average salary by contribution assumption: employee only about $546,734 at 4% or $364,489 at 6%; with 50% employer match about $364,489 at 4% or $242,993 at 6%; with 100% employer match about $273,367 at 4% or $182,245 at 6%. |
| The Kelso-Burnett Co Employee Stock Ownership Plan | - | 121 | $51,269,268 | $1,493,391 | $12,342iApproximate average salary by contribution assumption: employee only about $308,552 at 4% or $205,701 at 6%; with 50% employer match about $205,701 at 4% or $137,134 at 6%; with 100% employer match about $154,276 at 4% or $102,851 at 6%. |
| Newport Industries Inc. 401(K) Plan | - | 133 | $14,639,362 | $1,437,102 | $10,805iApproximate average salary by contribution assumption: employee only about $270,132 at 4% or $180,088 at 6%; with 50% employer match about $180,088 at 4% or $120,059 at 6%; with 100% employer match about $135,066 at 4% or $90,044 at 6%. |
| Newport Industries Inc. Wrap Plan | - | 134 | - | - | - |
| 2021 | 3 | 129 | $72,395,208 | $2,925,265 | $22,676iApproximate average salary by contribution assumption: employee only about $566,912 at 4% or $377,941 at 6%; with 50% employer match about $377,941 at 4% or $251,961 at 6%; with 100% employer match about $283,456 at 4% or $188,971 at 6%. |
| The Kelso-Burnett Co Employee Stock Ownership Plan | - | 121 | $53,787,626 | $1,612,380 | $13,325iApproximate average salary by contribution assumption: employee only about $333,136 at 4% or $222,091 at 6%; with 50% employer match about $222,091 at 4% or $148,061 at 6%; with 100% employer match about $166,568 at 4% or $111,045 at 6%. |
| Newport Industries Inc. 401(K) Plan | - | 129 | $18,607,582 | $1,312,885 | $10,177iApproximate average salary by contribution assumption: employee only about $254,435 at 4% or $169,623 at 6%; with 50% employer match about $169,623 at 4% or $113,082 at 6%; with 100% employer match about $127,218 at 4% or $84,812 at 6%. |
| Newport Industries Inc. Wrap Plan | - | 121 | - | - | - |
| 2020 | 3 | 129 | $59,429,810 | $3,190,525 | $24,733iApproximate average salary by contribution assumption: employee only about $618,319 at 4% or $412,213 at 6%; with 50% employer match about $412,213 at 4% or $274,808 at 6%; with 100% employer match about $309,159 at 4% or $206,106 at 6%. |
| The Kelso-Burnett Co Employee Stock Ownership Plan | - | 117 | $43,668,090 | $1,600,000 | $13,675iApproximate average salary by contribution assumption: employee only about $341,880 at 4% or $227,920 at 6%; with 50% employer match about $227,920 at 4% or $151,947 at 6%; with 100% employer match about $170,940 at 4% or $113,960 at 6%. |
| Newport Industries Inc. 401(K) Plan | - | 129 | $15,761,720 | $1,590,525 | $12,330iApproximate average salary by contribution assumption: employee only about $308,241 at 4% or $205,494 at 6%; with 50% employer match about $205,494 at 4% or $136,996 at 6%; with 100% employer match about $154,121 at 4% or $102,747 at 6%. |
| Newport Industries Inc. Wrap Plan | - | 129 | - | - | - |
| 2019 | 3 | 126 | $49,048,621 | $2,151,766 | $17,078iApproximate average salary by contribution assumption: employee only about $426,938 at 4% or $284,625 at 6%; with 50% employer match about $284,625 at 4% or $189,750 at 6%; with 100% employer match about $213,469 at 4% or $142,313 at 6%. |
| The Kelso-Burnett Co Employee Stock Ownership Plan | - | 107 | $36,897,791 | $1,100,024 | $10,281iApproximate average salary by contribution assumption: employee only about $257,015 at 4% or $171,343 at 6%; with 50% employer match about $171,343 at 4% or $114,229 at 6%; with 100% employer match about $128,507 at 4% or $85,672 at 6%. |
| Newport Industries Inc. 401(K) Plan | - | 118 | $12,150,830 | $1,051,742 | $8,913iApproximate average salary by contribution assumption: employee only about $222,827 at 4% or $148,551 at 6%; with 50% employer match about $148,551 at 4% or $99,034 at 6%; with 100% employer match about $111,413 at 4% or $74,276 at 6%. |
| Newport Industries Inc. Wrap Plan | - | 126 | - | - | - |
| 2018 | 3 | 115 | $41,890,580 | $2,002,404 | $17,412iApproximate average salary by contribution assumption: employee only about $435,305 at 4% or $290,203 at 6%; with 50% employer match about $290,203 at 4% or $193,469 at 6%; with 100% employer match about $217,653 at 4% or $145,102 at 6%. |
| The Kelso-Burnett Co Employee Stock Ownership Plan | - | 95 | $31,431,408 | $1,056,728 | $11,123iApproximate average salary by contribution assumption: employee only about $278,086 at 4% or $185,391 at 6%; with 50% employer match about $185,391 at 4% or $123,594 at 6%; with 100% employer match about $139,043 at 4% or $92,695 at 6%. |
| Newport Industries Inc. 401(K) Plan | - | 115 | $10,459,172 | $945,676 | $8,223iApproximate average salary by contribution assumption: employee only about $205,582 at 4% or $137,054 at 6%; with 50% employer match about $137,054 at 4% or $91,370 at 6%; with 100% employer match about $102,791 at 4% or $68,527 at 6%. |
| Newport Industries Inc. Wrap Plan | - | 115 | - | - | - |
| 2017 | 2 | 126 | $48,752,991 | $2,086,577 | $16,560iApproximate average salary by contribution assumption: employee only about $414,003 at 4% or $276,002 at 6%; with 50% employer match about $276,002 at 4% or $184,001 at 6%; with 100% employer match about $207,002 at 4% or $138,001 at 6%. |
| The Kelso-Burnett Co Employee Stock Ownership Plan | - | 98 | $36,693,637 | $773,565 | $7,894iApproximate average salary by contribution assumption: employee only about $197,338 at 4% or $131,559 at 6%; with 50% employer match about $131,559 at 4% or $87,706 at 6%; with 100% employer match about $98,669 at 4% or $65,779 at 6%. |
| Newport Industries Inc. 401(K) Plan | - | 126 | $12,059,354 | $1,313,012 | $10,421iApproximate average salary by contribution assumption: employee only about $260,518 at 4% or $173,679 at 6%; with 50% employer match about $173,679 at 4% or $115,786 at 6%; with 100% employer match about $130,259 at 4% or $86,839 at 6%. |
| 2016 | 2 | 92 | $40,253,284 | $622,020 | $6,761iApproximate average salary by contribution assumption: employee only about $169,027 at 4% or $112,685 at 6%; with 50% employer match about $112,685 at 4% or $75,123 at 6%; with 100% employer match about $84,514 at 4% or $56,342 at 6%. |
| The Kelso-Burnett Co Employee Stock Ownership Plan | - | 77 | $32,032,585 | - | - |
| Newport Industries Inc. 401(K) Plan | - | 92 | $8,220,699 | $622,020 | $6,761iApproximate average salary by contribution assumption: employee only about $169,027 at 4% or $112,685 at 6%; with 50% employer match about $112,685 at 4% or $75,123 at 6%; with 100% employer match about $84,514 at 4% or $56,342 at 6%. |
| 2015 | 2 | 89 | $33,640,910 | $1,040,246 | $11,688iApproximate average salary by contribution assumption: employee only about $292,204 at 4% or $194,803 at 6%; with 50% employer match about $194,803 at 4% or $129,868 at 6%; with 100% employer match about $146,102 at 4% or $97,401 at 6%. |
| The Kelso-Burnett Co Employee Stock Ownership Plan | - | 68 | $26,248,347 | $439,000 | $6,456iApproximate average salary by contribution assumption: employee only about $161,397 at 4% or $107,598 at 6%; with 50% employer match about $107,598 at 4% or $71,732 at 6%; with 100% employer match about $80,699 at 4% or $53,799 at 6%. |
| Newport Industries Inc. 401(K) Plan | - | 89 | $7,392,563 | $601,246 | $6,756iApproximate average salary by contribution assumption: employee only about $168,889 at 4% or $112,593 at 6%; with 50% employer match about $112,593 at 4% or $75,062 at 6%; with 100% employer match about $84,445 at 4% or $56,296 at 6%. |
| 2014 | 2 | 79 | $29,262,394 | $752,266 | $9,522iApproximate average salary by contribution assumption: employee only about $238,059 at 4% or $158,706 at 6%; with 50% employer match about $158,706 at 4% or $105,804 at 6%; with 100% employer match about $119,029 at 4% or $79,353 at 6%. |
| The Kelso-Burnett Co Employee Stock Ownership Plan | - | 65 | $21,742,127 | - | - |
| Newport Industries Inc. 401(K) Plan | - | 79 | $7,520,267 | $752,266 | $9,522iApproximate average salary by contribution assumption: employee only about $238,059 at 4% or $158,706 at 6%; with 50% employer match about $158,706 at 4% or $105,804 at 6%; with 100% employer match about $119,029 at 4% or $79,353 at 6%. |
| 2013 | 2 | 71 | $25,485,290 | $583,779 | $8,222iApproximate average salary by contribution assumption: employee only about $205,556 at 4% or $137,037 at 6%; with 50% employer match about $137,037 at 4% or $91,358 at 6%; with 100% employer match about $102,778 at 4% or $68,519 at 6%. |
| The Kelso-Burnett Co Employee Stock Ownership Plan | - | 61 | $19,056,841 | - | - |
| Newport Industries Inc. 401(K) Plan | - | 71 | $6,428,449 | $583,779 | $8,222iApproximate average salary by contribution assumption: employee only about $205,556 at 4% or $137,037 at 6%; with 50% employer match about $137,037 at 4% or $91,358 at 6%; with 100% employer match about $102,778 at 4% or $68,519 at 6%. |
| 2012 | 2 | 75 | $21,023,881 | $683,392 | $9,112iApproximate average salary by contribution assumption: employee only about $227,797 at 4% or $151,865 at 6%; with 50% employer match about $151,865 at 4% or $101,243 at 6%; with 100% employer match about $113,899 at 4% or $75,932 at 6%. |
| The Kelso-Burnett Co Employee Stock Ownership Plan | - | 66 | $15,324,413 | - | - |
| Newport Industries Inc. 401(K) Plan | - | 75 | $5,699,468 | $683,392 | $9,112iApproximate average salary by contribution assumption: employee only about $227,797 at 4% or $151,865 at 6%; with 50% employer match about $151,865 at 4% or $101,243 at 6%; with 100% employer match about $113,899 at 4% or $75,932 at 6%. |
| 2011 | 2 | 77 | $17,298,860 | $600,739 | $7,802iApproximate average salary by contribution assumption: employee only about $195,045 at 4% or $130,030 at 6%; with 50% employer match about $130,030 at 4% or $86,687 at 6%; with 100% employer match about $97,523 at 4% or $65,015 at 6%. |
| The Kelso-Burnett Co Employee Stock Ownership Plan | - | 66 | $12,934,112 | - | - |
| Newport Industries Inc. 401(K) Plan | - | 77 | $4,364,748 | $600,739 | $7,802iApproximate average salary by contribution assumption: employee only about $195,045 at 4% or $130,030 at 6%; with 50% employer match about $130,030 at 4% or $86,687 at 6%; with 100% employer match about $97,523 at 4% or $65,015 at 6%. |
| 2010 | 2 | 85 | $16,043,207 | $566,727 | $6,667iApproximate average salary by contribution assumption: employee only about $166,684 at 4% or $111,123 at 6%; with 50% employer match about $111,123 at 4% or $74,082 at 6%; with 100% employer match about $83,342 at 4% or $55,561 at 6%. |
| The Kelso-Burnett Co Employee Stock Ownership Plan | - | 66 | $11,480,325 | - | - |
| Newport Industries Inc. 401(K) Plan | - | 85 | $4,562,882 | $566,727 | $6,667iApproximate average salary by contribution assumption: employee only about $166,684 at 4% or $111,123 at 6%; with 50% employer match about $111,123 at 4% or $74,082 at 6%; with 100% employer match about $83,342 at 4% or $55,561 at 6%. |