Netspi 401(K) P/S Plan — Form 5500 plan (Netspi, LLC)
Plain-English plan 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, Netspi 401(K) P/S Plan is a benefit plan reported by Netspi, LLC under EIN 41-2002686 and plan number 001. The latest loaded filing year is 2023. The filing reports 368 participants and $23,262,377 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$23.3MPlan net assets, end of year$23,262,377
Participants368Covered participants reported
Assets / participant$63.2KComputed: assets ÷ participants$63,213 (computed)
Provider compensation$35.9K3 Schedule C provider row(s)$35,866
- Plan sponsor
- Netspi, LLC
- EIN
- 41-2002686
- Plan number
- 001
- Plan type
- 2
- Location
- Minneapolis, MN
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 368 | H, C | 20241011153227NAL0023119953001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$23.3M total assets
Net assets$23.3MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $23,262,377
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $23,262,377
- Net assets (BOY)
- $13,869,710
Income & contributions
- Employer contributions
- $1,760,096
- Participant contributions
- $3,809,149
- Total contributions
- $6,443,604
- Total income / additions
- $10,047,936
Expenses & distributions
- Benefits paid
- $619,403
- Administrative expenses
- $35,866
- Total expenses
- $655,269
- Net increase / (decrease)
- $9,392,667
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
32%68%
Employer 32%Participant 68%
Total expenses ÷ net assets3%Computed ratio
Benefits paid ÷ total income6%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Nfp Retirement Inc | INVESTMENT ADVISOR | $33,866 | not reported in the loaded dataset | 2023 |
| Capital Group Retirement Plan Svcs. | RECORDKEEPER | $1,900 | $0 | 2023 |
| Midwest Pension & Profit Sharing Se | CONTRACT ADMIN | $100 | not reported in the loaded dataset | 2023 |