Plan Snapshot
- Plan Sponsor: Newesco, INC. Dba Nelson-Westerberg, INC.
- Sponsor EIN: 361539760
- Sponsor Address: 1500 ARTHUR AVENUE, SUITE 200, ELK GROVE VILLAGE, IL, 600075739
- Plan Type: 401(k)
- Total Participants: 197
- Total Assets: $24.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 197 | $24.1M | $0 | $0 |
| 2024 | 156 | $20.9M | $274,850 | $763,745 |
| 2023 | 181 | $20.3M | $247,791 | $771,140 |
| 2022 | 176 | $17.8M | $240,786 | $708,102 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| CARON & BLETZER, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CARON & BLETZER, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $60,780 | — | $1,760 | — | — |
| 2024 | $61,019 | — | $2,000 | — | — |
| 2023 | $52,923 | — | $1,570 | — | — |
| 2022 | $54,463 | $51,239 | — | — | $3,224 |