Plan Snapshot
- Plan Sponsor: Nuwest Group Holdings, LLC
- Sponsor EIN: 261383035
- Sponsor Address: 325 118TH AVE SE, #300, BELLEVUE, WA, 98005
- Plan Type: DC
- Total Participants: 938
- Total Assets: $25.1M
Key Plan Design Features
- Auto-Enrollment: No
- 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. |
|---|---|---|---|---|
| 2024 | 938 | $25.1M | $0 | $1.9M |
| 2023 | 736 | $22.1M | $0 | $1.4M |
| 2022 | 349 | $3.4M | $0 | $931,673 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $49,967 | — | $49,967 |
| BENSLER LLC DBA SCS | INVESTMENT ADVISOR | $40,515 | — | $40,515 |
| HUNNEX AND SHOEMAKER INC | CONTRACT ADMIN | $8,809 | — | $8,809 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $5,830 | — | $5,830 |
| LEE CPA AUDIT GROUP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LEE CPA AUDIT GROUP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $105,121
- Estimated Expense Ratio: 0.420% 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 | $103,389 | — | $103,389 | — | — |
| 2023 | $33,092 | — | $33,092 | — | — |
| 2022 | $24,620 | — | $24,620 | — | — |