2023 Form 5500 filing — Nitel 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 20240930122008NAL0003234003001) for Nitel 401(K) Plan, reported by Network Innovations, Inc. Dba Nitel Usa under EIN 36-4481206 and plan number 002. It reports 250 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)$14.4MReported net assets$14,363,580
Participants250
Provider compensation$95.3K2 Schedule C row(s)$95,283
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240930122008NAL0003234003001
Plan sponsor
Network Innovations, Inc. Dba Nitel Usa
EIN
36-4481206
Plan number
002
Location
Chicago, IL
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)$14.4M total assets
Net assets$14.4MLiabilities$0
Money in vs. money out
Total income / additions$5.9M
Total expenses$962.8K
Benefits paid / distributions$893.2K
Contributions
Employer$604.6K
Participant$1.8M
Full reported line items
Total assets (EOY)
$14,363,580
Total liabilities (EOY)
$0
Net assets (EOY)
$14,363,580
Employer contributions
$604,648
Participant contributions
$1,779,058
Total income / additions
$5,918,233
Benefits paid
$893,213
Administrative expenses
$68,296
Total expenses
$962,752
Net increase / (decrease)
$4,955,481
Schedule C

Reported service provider compensation

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

  1. 1
    CONTRACT ADMINISTRATOR · Direct $68.3K · Indirect $0
  2. 2
    INVESTMENT ADVISORY · Direct $0 · Indirect $27K

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240930122008NAL0003234003001 cover?
It is the 2023 Form 5500 filing for Nitel 401(K) Plan, reported by Network Innovations, Inc. Dba Nitel Usa (EIN 36-4481206).
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