Newtek Business Services Corp.
Plan context: Newtek Business Services 401(K) Plan
EIN 46-3755188 • 22 filings • 5 plans
Current Snapshot
Latest Year
2024
2024 Participants
596
2024 Assets
$41,625,149
2024 Contributions
$6,446,315
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 |
|---|---|---|---|---|---|
| 2024 | 2 | 596 | $41,625,149 | $6,446,315 | $10,816iApproximate average salary by contribution assumption: employee only about $270,399 at 4% or $180,266 at 6%; with 50% employer match about $180,266 at 4% or $120,177 at 6%; with 100% employer match about $135,200 at 4% or $90,133 at 6%. |
| Newtek Business Services 401(K) Plan | - | 596 | $41,625,149 | $6,446,315 | $10,816iApproximate average salary by contribution assumption: employee only about $270,399 at 4% or $180,266 at 6%; with 50% employer match about $180,266 at 4% or $120,177 at 6%; with 100% employer match about $135,200 at 4% or $90,133 at 6%. |
| Newtek Business Services Corp. Welfare Benefits Wrap Plan | - | 591 | - | - | - |
| 2023 | 3 | 528 | $36,450,083 | $4,413,313 | $8,359iApproximate average salary by contribution assumption: employee only about $208,964 at 4% or $139,309 at 6%; with 50% employer match about $139,309 at 4% or $92,873 at 6%; with 100% employer match about $104,482 at 4% or $69,655 at 6%. |
| Newtek Business Services 401(K) Plan | - | 519 | $36,450,083 | $4,413,313 | $8,503iApproximate average salary by contribution assumption: employee only about $212,587 at 4% or $141,725 at 6%; with 50% employer match about $141,725 at 4% or $94,483 at 6%; with 100% employer match about $106,294 at 4% or $70,862 at 6%. |
| Newtek Business Services Corp. Welfare Benefits Wrap Plan | - | 528 | - | - | - |
| Newtek Business Services Corp. Welfare Benefits Wrap Plan | - | 528 | - | - | - |
| 2022 | 2 | 496 | $28,212,884 | $4,263,267 | $8,595iApproximate average salary by contribution assumption: employee only about $214,882 at 4% or $143,255 at 6%; with 50% employer match about $143,255 at 4% or $95,503 at 6%; with 100% employer match about $107,441 at 4% or $71,627 at 6%. |
| Newtek Business Services 401(K) Plan | - | 487 | $28,212,884 | $4,263,267 | $8,754iApproximate average salary by contribution assumption: employee only about $218,854 at 4% or $145,902 at 6%; with 50% employer match about $145,902 at 4% or $97,268 at 6%; with 100% employer match about $109,427 at 4% or $72,951 at 6%. |
| Newtek Business Services Corp. Welfare Benefits Wrap Plan | - | 496 | - | - | - |
| 2021 | 2 | 466 | $33,559,578 | $3,821,755 | $8,201iApproximate average salary by contribution assumption: employee only about $205,030 at 4% or $136,687 at 6%; with 50% employer match about $136,687 at 4% or $91,124 at 6%; with 100% employer match about $102,515 at 4% or $68,343 at 6%. |
| Newtek Business Services 401(K) Plan | - | 457 | $33,559,578 | $3,821,755 | $8,363iApproximate average salary by contribution assumption: employee only about $209,068 at 4% or $139,378 at 6%; with 50% employer match about $139,378 at 4% or $92,919 at 6%; with 100% employer match about $104,534 at 4% or $69,689 at 6%. |
| Newtek Business Services Corp. Welfare Benefits Wrap Plan | - | 466 | - | - | - |
| 2020 | 2 | 409 | $28,806,719 | $3,413,194 | $8,345iApproximate average salary by contribution assumption: employee only about $208,630 at 4% or $139,087 at 6%; with 50% employer match about $139,087 at 4% or $92,725 at 6%; with 100% employer match about $104,315 at 4% or $69,543 at 6%. |
| Newtek Business Services 401(K) Plan | - | 400 | $28,806,719 | $3,413,194 | $8,533iApproximate average salary by contribution assumption: employee only about $213,325 at 4% or $142,216 at 6%; with 50% employer match about $142,216 at 4% or $94,811 at 6%; with 100% employer match about $106,662 at 4% or $71,108 at 6%. |
| Newtek Business Services Corp. Welfare Benefits Wrap Plan | - | 409 | - | - | - |
| 2019 | 2 | 429 | $15,849,610 | $2,922,739 | $6,813iApproximate average salary by contribution assumption: employee only about $170,323 at 4% or $113,549 at 6%; with 50% employer match about $113,549 at 4% or $75,699 at 6%; with 100% employer match about $85,161 at 4% or $56,774 at 6%. |
| Newtek Business Services 401(K) Plan | - | 392 | $15,849,610 | $2,922,739 | $7,456iApproximate average salary by contribution assumption: employee only about $186,399 at 4% or $124,266 at 6%; with 50% employer match about $124,266 at 4% or $82,844 at 6%; with 100% employer match about $93,200 at 4% or $62,133 at 6%. |
| Newtek Business Services Corp. Welfare Benefits Wrap Plan | - | 429 | - | - | - |
| 2018 | 2 | 406 | $10,976,862 | $2,584,578 | $6,366iApproximate average salary by contribution assumption: employee only about $159,149 at 4% or $106,099 at 6%; with 50% employer match about $106,099 at 4% or $70,733 at 6%; with 100% employer match about $79,574 at 4% or $53,050 at 6%. |
| Newtek Business Services 401(K) Plan | - | 388 | $10,976,862 | $2,584,578 | $6,661iApproximate average salary by contribution assumption: employee only about $166,532 at 4% or $111,021 at 6%; with 50% employer match about $111,021 at 4% or $74,014 at 6%; with 100% employer match about $83,266 at 4% or $55,511 at 6%. |
| Newtek Business Services Corp. Welfare Benefits Wrap Plan | - | 406 | - | - | - |
| 2017 | 2 | 381 | $10,675,662 | $1,848,159 | $4,851iApproximate average salary by contribution assumption: employee only about $121,270 at 4% or $80,847 at 6%; with 50% employer match about $80,847 at 4% or $53,898 at 6%; with 100% employer match about $60,635 at 4% or $40,423 at 6%. |
| Newtek Business Services 401(K) Plan | - | 343 | $10,675,662 | $1,848,159 | $5,388iApproximate average salary by contribution assumption: employee only about $134,705 at 4% or $89,804 at 6%; with 50% employer match about $89,804 at 4% or $59,869 at 6%; with 100% employer match about $67,353 at 4% or $44,902 at 6%. |
| Newtek Business Services Corp. Welfare Benefits Wrap Plan | - | 381 | - | - | - |
| 2016 | 2 | 343 | $8,911,077 | $1,752,306 | $5,109iApproximate average salary by contribution assumption: employee only about $127,719 at 4% or $85,146 at 6%; with 50% employer match about $85,146 at 4% or $56,764 at 6%; with 100% employer match about $63,860 at 4% or $42,573 at 6%. |
| Newtek Business Services 401(K) Plan | - | 343 | $8,911,077 | $1,752,306 | $5,109iApproximate average salary by contribution assumption: employee only about $127,719 at 4% or $85,146 at 6%; with 50% employer match about $85,146 at 4% or $56,764 at 6%; with 100% employer match about $63,860 at 4% or $42,573 at 6%. |
| Newtek Business Services Corp. Welfare Benefits Wrap Plan | - | 297 | - | - | - |
| 2015 | 2 | 366 | $7,342,279 | $1,476,544 | $4,034iApproximate average salary by contribution assumption: employee only about $100,857 at 4% or $67,238 at 6%; with 50% employer match about $67,238 at 4% or $44,825 at 6%; with 100% employer match about $50,428 at 4% or $33,619 at 6%. |
| Newtek Business Services 401(K) Plan | - | 366 | $7,342,279 | $1,476,544 | $4,034iApproximate average salary by contribution assumption: employee only about $100,857 at 4% or $67,238 at 6%; with 50% employer match about $67,238 at 4% or $44,825 at 6%; with 100% employer match about $50,428 at 4% or $33,619 at 6%. |
| Newtek Business Services Corp. Welfare Benefits Wrap Plan | - | 276 | - | - | - |
| 2014 | 1 | 328 | $6,749,449 | $1,097,314 | $3,345iApproximate average salary by contribution assumption: employee only about $83,637 at 4% or $55,758 at 6%; with 50% employer match about $55,758 at 4% or $37,172 at 6%; with 100% employer match about $41,818 at 4% or $27,879 at 6%. |
| Newtek Business Services 401(K) Plan | - | 328 | $6,749,449 | $1,097,314 | $3,345iApproximate average salary by contribution assumption: employee only about $83,637 at 4% or $55,758 at 6%; with 50% employer match about $55,758 at 4% or $37,172 at 6%; with 100% employer match about $41,818 at 4% or $27,879 at 6%. |