Newco Electric LLC
Plan context: Newco Electric LLC 401(K) Profit Sharing Plan
EIN 45-4730493 • Kannapolis, NC • 9 filings • 3 plans
Current Snapshot
Latest Year
2025
2025 Participants
3
2025 Assets
$561,366
2025 Contributions
$72,131
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 |
|---|---|---|---|---|---|
| 2025 | 1 | 3 | $561,366 | $72,131 | $24,044iApproximate average salary by contribution assumption: employee only about $601,092 at 4% or $400,728 at 6%; with 50% employer match about $400,728 at 4% or $267,152 at 6%; with 100% employer match about $300,546 at 4% or $200,364 at 6%. |
| Newco Electric LLC 401(K) Profit Sharing Plan | - | 3 | $561,366 | $72,131 | $24,044iApproximate average salary by contribution assumption: employee only about $601,092 at 4% or $400,728 at 6%; with 50% employer match about $400,728 at 4% or $267,152 at 6%; with 100% employer match about $300,546 at 4% or $200,364 at 6%. |
| 2024 | 1 | 3 | $415,733 | $72,055 | $24,018iApproximate average salary by contribution assumption: employee only about $600,458 at 4% or $400,306 at 6%; with 50% employer match about $400,306 at 4% or $266,870 at 6%; with 100% employer match about $300,229 at 4% or $200,153 at 6%. |
| Newco Electric LLC 401(K) Profit Sharing Plan | - | 3 | $415,733 | $72,055 | $24,018iApproximate average salary by contribution assumption: employee only about $600,458 at 4% or $400,306 at 6%; with 50% employer match about $400,306 at 4% or $266,870 at 6%; with 100% employer match about $300,229 at 4% or $200,153 at 6%. |
| 2023 | 1 | 3 | $398,079 | $70,920 | $23,640iApproximate average salary by contribution assumption: employee only about $591,000 at 4% or $394,000 at 6%; with 50% employer match about $394,000 at 4% or $262,667 at 6%; with 100% employer match about $295,500 at 4% or $197,000 at 6%. |
| Newco Electric LLC 401(K) Profit Sharing Plan | - | 3 | $398,079 | $70,920 | $23,640iApproximate average salary by contribution assumption: employee only about $591,000 at 4% or $394,000 at 6%; with 50% employer match about $394,000 at 4% or $262,667 at 6%; with 100% employer match about $295,500 at 4% or $197,000 at 6%. |
| 2022 | 1 | 3 | $277,526 | $60,703 | $20,234iApproximate average salary by contribution assumption: employee only about $505,858 at 4% or $337,239 at 6%; with 50% employer match about $337,239 at 4% or $224,826 at 6%; with 100% employer match about $252,929 at 4% or $168,619 at 6%. |
| Newco Electric LLC 401(K) Profit Sharing Plan | - | 3 | $277,526 | $60,703 | $20,234iApproximate average salary by contribution assumption: employee only about $505,858 at 4% or $337,239 at 6%; with 50% employer match about $337,239 at 4% or $224,826 at 6%; with 100% employer match about $252,929 at 4% or $168,619 at 6%. |
| 2021 | 1 | 4 | $268,677 | $77,318 | $19,330iApproximate average salary by contribution assumption: employee only about $483,238 at 4% or $322,158 at 6%; with 50% employer match about $322,158 at 4% or $214,772 at 6%; with 100% employer match about $241,619 at 4% or $161,079 at 6%. |
| Newco Electric LLC 401(K) Profit Sharing Plan | - | 4 | $268,677 | $77,318 | $19,330iApproximate average salary by contribution assumption: employee only about $483,238 at 4% or $322,158 at 6%; with 50% employer match about $322,158 at 4% or $214,772 at 6%; with 100% employer match about $241,619 at 4% or $161,079 at 6%. |
| 2020 | 1 | 4 | $171,307 | $39,398 | $9,850iApproximate average salary by contribution assumption: employee only about $246,238 at 4% or $164,158 at 6%; with 50% employer match about $164,158 at 4% or $109,439 at 6%; with 100% employer match about $123,119 at 4% or $82,079 at 6%. |
| Newco Electric LLC 401(K) Profit Sharing Plan | - | 4 | $171,307 | $39,398 | $9,850iApproximate average salary by contribution assumption: employee only about $246,238 at 4% or $164,158 at 6%; with 50% employer match about $164,158 at 4% or $109,439 at 6%; with 100% employer match about $123,119 at 4% or $82,079 at 6%. |
| 2019 | 1 | 3 | $119,480 | $50,524 | $16,841iApproximate average salary by contribution assumption: employee only about $421,033 at 4% or $280,689 at 6%; with 50% employer match about $280,689 at 4% or $187,126 at 6%; with 100% employer match about $210,517 at 4% or $140,344 at 6%. |
| Newco Electric LLC 401(K) Profit Sharing Plan | - | 3 | $119,480 | $50,524 | $16,841iApproximate average salary by contribution assumption: employee only about $421,033 at 4% or $280,689 at 6%; with 50% employer match about $280,689 at 4% or $187,126 at 6%; with 100% employer match about $210,517 at 4% or $140,344 at 6%. |
| 2018 | 1 | 0 | $61,845 | $30,000 | - |
| Newco Electric LLC 401(K) Profit Sharing Plan | - | 0 | $61,845 | $30,000 | - |
| 2017 | 1 | 0 | $35,000 | $35,000 | - |
| Newco Electric LLC 401(K) Profit Sharing Plan | - | 0 | $35,000 | $35,000 | - |