Maynard Nexsen, Pc Associates 401(K) Plan & Trust — Form 5500 plan (Maynard Nexsen, Pc)
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, Maynard Nexsen, Pc Associates 401(K) Plan & Trust is a benefit plan reported by Maynard Nexsen, Pc under EIN 63-0864426 and plan number 005. The latest loaded filing year is 2023. The filing reports 170 participants and $6,933,888 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$6.9MPlan net assets, end of year$6,933,888
Participants170Covered participants reported
Assets / participant$40.8KComputed: assets ÷ participants$40,788 (computed)
Provider compensation$65K2 Schedule C provider row(s)$65,029
- Plan sponsor
- Maynard Nexsen, Pc
- EIN
- 63-0864426
- Plan number
- 005
- Plan type
- 2
- Location
- Birmingham, AL
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 170 | H, C | 20241010164756NAL0021465825001 |
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)$6.9M total assets
Net assets$6.9MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $6,933,888
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,933,888
- Net assets (BOY)
- $4,929,528
Income & contributions
- Participant contributions
- $1,763,773
- Total contributions
- $1,821,016
- Total income / additions
- $2,786,196
Expenses & distributions
- Benefits paid
- $395,831
- Administrative expenses
- $30,032
- Total expenses
- $425,863
- Net increase / (decrease)
- $2,360,333
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.
Total expenses ÷ net assets6%Computed ratio
Benefits paid ÷ total income14%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company | NONE | $54,103 | $0 | 2023 |
| Capfinancial Partners LLC Dba Captr | NONE | $10,926 | not reported in the loaded dataset | 2023 |