2023 Form 5500 filing — Nextedge 401(K) Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241002221357NAL0009586097001) for Nextedge 401(K) Plan, reported by Nen Holdings, LLC under EIN 85-2586640 and plan number 001. It reports 509 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241002221357NAL0009586097001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Nen Holdings, LLC
- EIN
- 85-2586640
- Plan number
- 001
- Location
- Alpharetta, GA
- Participants
- 509
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $18,586,168
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $18,586,168
- Employer contributions
- $1,108,191
- Participant contributions
- $2,038,562
- Total income / additions
- $6,421,044
- Benefits paid
- $1,426,496
- Administrative expenses
- $65,408
- Total expenses
- $1,491,904
- Net increase / (decrease)
- $4,929,140
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Usi Securities, Inc. | BROKER/DEALER | $0 | $28,782 |
| Usi Consulting Group, Inc. | TPA | $0 | $6,775 |
| The Retirement Advantage, Inc. | TPA | $0 | $6,310 |