401(k) · DOL Form 5500 · 2023

Nelson-Westerberg, Inc. 401(k) Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets
179
Participants Small participant base
73rd
Percentile by assets National rank
$113,189
Avg per participant Below avg balance/head
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Official DOL plan name: Newesco, Inc. 401(k) Profit Sharing Plan · Sponsored by Nelson-Westerberg, Inc. · Illinois · Transportation & Warehousing

$20M in assets, 179 participants

Nelson-Westerberg, Inc.'s Newesco, Inc. 401(k) Profit Sharing Plan reported $20M in total assets and 179 participants in its 2023 DOL Form 5500 filing, ranking in the 73rd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #2,433 in Transportation & Warehousing (3,362 peers)

Coverage in Illinois

Newesco, Inc. 401(k) Profit Sharing Plan covers 179 participants in Illinois, about 23% of the average Illinois filer (state average ~779 per filing). Assets: $20M.

#2,433
in Transportation & Warehousing (3,362 peers)
+14.1%
assets growth YoY

Newesco, Inc. 401(k) Profit Sharing Plan's outsized position by total assets

Newesco, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$20,260,819 Top 27% higher than 73% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Newesco, Inc. 401(k) Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Newesco, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (179 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Newesco, Inc. 401(k) Profit Sharing Plan reported net income rose from -$2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Newesco, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $18M in the plan year 2022 filing to $20M in the plan year 2023 filing.
  • Newesco, Inc. 401(k) Profit Sharing Plan reported participants rose from 172 in the plan year 2022 filing to 179 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 361539760 · Nelson-Westerberg, Inc. PY 2023 · 401(k)

Newesco, Inc. 401(k) Profit Sharing Plan · $20M · 179 · 73rd

  • 5500 $20M
  • ASSETS 179
  • PCT 73rd
  • EIN 401(k)
  • RANK near Auld & White Constructors, LLC. 401(k) Profit Sharing Plan
  • PHOTO ind #2433

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Transportation & Warehousing retirement plans → · Plans in Illinois →

Newesco, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Newesco, Inc. 401(k) Profit Sharing PlanNewesco, Inc. 401(k) Profit …$20MAuld & White Constructors, LLC. 401(k) Profit Sharing PlanAuld & White Constructors, L…$20MNaco 401(k) Plan$20MMason Brothers 401(k) Profit Sharing PlanMason Brothers 401(k) Profit…$20MSupply Frame, Inc. 401(k) Profit Sharing PlanSupply Frame, Inc. 401(k) Pr…$20M
End-of-year total assets ($M) among Newesco, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$20M
Net Income$3M
Employer EIN361539760
Plan Effective Date1968-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nelson-Westerberg, Inc.)

Sponsor-wide plan assets over time

All Nelson-Westerberg, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$21M 17.438587048924308% vs 2022
2024 filing year
$17M$18M$19M$20M$21M$22M 202220232024 $17.8M $20.9M ▲ +17.5%
Year Plans Participants Total Assets
2022 1 172 $18M
2023 1 179 $20M
2024 1 181 $21M

Nearby 401(k) Plans in Illinois

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Newesco, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Newesco, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.020260819 · Participants: 179Newesco, Inc. 401(k) Profit Sharing PlanAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings Plan
Newesco, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Newesco, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Newesco, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Auld & White Constructors, LLC. 401(k) Profit Sharing Plan in FL ($20M); by covered participants it is Progress Unlimited Inc. 401(k) Profit Sharing Plan and Trust in MD (179 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($20M here).

Similar participant headcount

Nearest other-state filings by covered participants (179 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Newesco, Inc. 401(k) Profit Sharing Plan assets move in 2023? ▼
Newesco, Inc. 401(k) Profit Sharing Plan grew at a solid clip - up 14.1% during 2023, from $18M to $20M. Reported net income was $3M.
How have Nelson-Westerberg, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nelson-Westerberg, Inc.'s sponsor-wide assets grew 17.4%, from $18M to $21M.
Which 401(k) plans are similar in size to Newesco, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Auld & White Constructors, LLC. 401(k) Profit Sharing Plan in FL ($20M, 129 participants).
Which 401(k) plans cover a similar participant headcount to Newesco, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Progress Unlimited Inc. 401(k) Profit Sharing Plan and Trust in MD (179 participants, $4M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 361539760.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.