Plan Snapshot
- Plan Sponsor: Nercon Eng. & Mfg.INC.
- Sponsor EIN: 391257432
- Sponsor Address: 600 S. COMMERCIAL ST., NEENAH, WI, 54956
- Plan Type: 401(k)
- Total Participants: 124
- Total Assets: $31.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2024 | 124 | $31.9M | $609,028 | $1.1M |
| 2023 | 108 | $27.5M | $543,675 | $980,591 |
| 2022 | 117 | $22.7M | $535,015 | $968,807 |
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 |
|---|---|---|---|---|
| MORGAN STANLEY SMITH BARNEY LLC | INVESTMENT ADVISOR | $68,384 | — | $68,384 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $25,235 | — | $25,235 |
| KERBERROSESC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY SMITH BARNEY LLC — INVESTMENT ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- KERBERROSESC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $93,619
- Estimated Expense Ratio: 0.294% of plan assets
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 |
|---|---|---|---|---|---|
| 2024 | $93,619 | $68,384 | — | — | — |
| 2023 | $98,283 | $70,025 | — | — | — |
| 2022 | $99,071 | — | — | — | — |