Nextedge 401(K) Plan — Form 5500 plan (Nen Holdings, 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, Nextedge 401(K) Plan is a benefit plan reported by Nen Holdings, LLC under EIN 85-2586640 and plan number 001. The latest loaded filing year is 2023. The filing reports 509 participants and $18,586,168 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Nen Holdings, LLC
EIN
85-2586640
Plan number
001
Plan type
2
Location
Alpharetta, GA
Latest filing year
2023
Participants
509
End-of-year plan assets
$18,586,168

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023509H, C20241002221357NAL0009586097001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$18,586,168
Total liabilities (EOY)
$0
Net assets (EOY)
$18,586,168
Net assets (BOY)
$13,657,028

Income & contributions

Employer contributions
$1,108,191
Participant contributions
$2,038,562
Total contributions
$3,844,750
Total income / additions
$6,421,044

Expenses & distributions

Benefits paid
$1,426,496
Administrative expenses
$65,408
Total expenses
$1,491,904
Net increase / (decrease)
$4,929,140

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Usi Securities, Inc.BROKER/DEALER$0$28,7822023
Usi Consulting Group, Inc.TPA$0$6,7752023
The Retirement Advantage, Inc.TPA$0$6,3102023

Related Form 5500 pages