2023 Form 5500 filing — Nextech 401(K) Plan

Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240925090841NAL0024954080001) for Nextech 401(K) Plan, reported by Ares Holdings, LLC under EIN 65-1162436 and plan number 001. It reports 1,150 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$22.6MReported net assets$22,609,051
Participants1.1K1,150
Provider compensation$40.8K2 Schedule C row(s)$40,767
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240925090841NAL0024954080001
Plan sponsor
Ares Holdings, LLC
EIN
65-1162436
Plan number
001
Location
Melbourne, FL
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$22.6M total assets
Net assets$22.6MLiabilities$0
Money in vs. money out
Total income / additions$12.4M
Total expenses$1.5M
Benefits paid / distributions$1.5M
Contributions
Employer$1.7M
Participant$4.9M
Full reported line items
Total assets (EOY)
$22,609,051
Total liabilities (EOY)
$0
Net assets (EOY)
$22,609,051
Employer contributions
$1,736,558
Participant contributions
$4,868,581
Total income / additions
$12,435,339
Benefits paid
$1,495,166
Administrative expenses
$40,767
Total expenses
$1,544,275
Net increase / (decrease)
$10,891,064
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    RECORDKEEPER · Direct $30.2K · Indirect $0
  2. 2
    ADVISOR · Direct $10.6K

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240925090841NAL0024954080001 cover?
It is the 2023 Form 5500 filing for Nextech 401(K) Plan, reported by Ares Holdings, LLC (EIN 65-1162436).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Related Form 5500 pages