2023 Form 5500 filing — Nextep 401(K) Retirement Savings 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 20241015110049NAL0028137265001) for Nextep 401(K) Retirement Savings Plan, reported by 899210-01 Nextep, Inc. under EIN 73-1543198 and plan number 333. It reports 20,464 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015110049NAL0028137265001
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- 899210-01 Nextep, Inc.
- EIN
- 73-1543198
- Plan number
- 333
- Location
- Norman, OK
- Participants
- 20,464
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $484,786,897
- Total liabilities (EOY)
- $302,039
- Net assets (EOY)
- $484,484,858
- Employer contributions
- $21,077,235
- Participant contributions
- $44,380,724
- Total income / additions
- $138,823,357
- Benefits paid
- $49,705,062
- Administrative expenses
- $1,307,637
- Total expenses
- $51,402,348
- Net increase / (decrease)
- $87,421,009
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Ins. Company | RECORDKEEPER | $1,735,971 | $0 |
| Empower Advisory Group, LLC | INVESTMENT MANAGEMENT | $17,934 | not reported in the loaded dataset |