Nexair, LLC Profit Sharing And 401(K) Plan — Form 5500 plan (Nexair, 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, Nexair, LLC Profit Sharing And 401(K) Plan is a benefit plan reported by Nexair, LLC under EIN 62-1636439 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,008 participants and $136,256,153 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Nexair, LLC
EIN
62-1636439
Plan number
001
Plan type
2
Location
Memphis, TN
Latest filing year
2023
Participants
1,008
End-of-year plan assets
$136,256,153

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,008H, C20250411104453NAL0023178481001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$136,256,153
Total liabilities (EOY)
$0
Net assets (EOY)
$136,256,153
Net assets (BOY)
$120,669,218

Income & contributions

Employer contributions
$4,965,746
Participant contributions
$5,246,901
Total contributions
$10,277,226
Total income / additions
$27,601,781

Expenses & distributions

Benefits paid
$11,753,637
Administrative expenses
$175,380
Total expenses
$12,014,846
Net increase / (decrease)
$15,586,935

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$109,059$02023
Duncan Williams Asset ManagementADVISOR$31,500not reported in the loaded dataset2023
Strategic Advisors, Inc.ADVISOR$20,303not reported in the loaded dataset2023
Forvis /BkdACCOUNTANT/AUDITOR$14,884not reported in the loaded dataset2023

Related Form 5500 pages