Clark Nexsen, Inc. 401(K) Plan — Form 5500 plan (Clark Nexsen, Inc.)
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, Clark Nexsen, Inc. 401(K) Plan is a benefit plan reported by Clark Nexsen, Inc. under EIN 54-0613222 and plan number 001. The latest loaded filing year is 2023. The filing reports 513 participants and $77,463,048 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Clark Nexsen, Inc.
- EIN
- 54-0613222
- Plan number
- 001
- Plan type
- 2
- Location
- Virginia Beach, VA
- Latest filing year
- 2023
- Participants
- 513
- End-of-year plan assets
- $77,463,048
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 513 | H, C | 20241008120009NAL0017504545001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $77,463,048
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $77,463,048
- Net assets (BOY)
- $69,590,244
Income & contributions
- Employer contributions
- $1,136,272
- Participant contributions
- $3,325,901
- Total contributions
- $4,727,283
- Total income / additions
- $16,465,798
Expenses & distributions
- Benefits paid
- $8,426,988
- Administrative expenses
- $166,021
- Total expenses
- $8,592,994
- Net increase / (decrease)
- $7,872,804
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $141,771 | $0 | 2023 |
| Sageview Advisory Group | INVESTMENT ADVISORY | $35,000 | not reported in the loaded dataset | 2023 |
| Cherry Bekaert Llp | ACCOUNTANT | $15,500 | not reported in the loaded dataset | 2023 |
| Cherry Bekaert | ACCOUNTANT | $15,500 | not reported in the loaded dataset | 2023 |
| Sageview Advisory Gruop | INVESTMENT ADVISORY | $8,750 | not reported in the loaded dataset | 2023 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Clark Nexsen, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in VA
- 401(k) and benefit plan filings in Virginia Beach, VA
- Principal Life Insurance Company — Schedule C compensation
- Sageview Advisory Group — Schedule C compensation
- Cherry Bekaert Llp — Schedule C compensation
- Cherry Bekaert — Schedule C compensation
- Sageview Advisory Gruop — Schedule C compensation
- Morningstar Investment Management L — Schedule C compensation