Nexus/Sherwood Retirement Plan — Form 5500 plan (Nexus Management, 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, Nexus/Sherwood Retirement Plan is a benefit plan reported by Nexus Management, LLC under EIN 20-8110953 and plan number 002. The latest loaded filing year is 2023. The filing reports 209 participants and $15,165,125 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Nexus Management, LLC
EIN
20-8110953
Plan number
002
Plan type
2
Location
Lawrenceville, NJ
Latest filing year
2023
Participants
209
End-of-year plan assets
$15,165,125

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023209H, C20240828152234NAL0019848640001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$15,165,125
Total liabilities (EOY)
$32,314
Net assets (EOY)
$15,132,811
Net assets (BOY)
$12,565,803

Income & contributions

Employer contributions
$250,313
Participant contributions
$765,357
Total contributions
$1,015,670
Total income / additions
$3,003,536

Expenses & distributions

Benefits paid
$348,909
Administrative expenses
$67,433
Total expenses
$436,528
Net increase / (decrease)
$2,567,008

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance Company ORECORDKEEPER$60,280$02023
Apw Capital IncBROKER/ADVISER$0$30,1912023
Empower Advisory Group, LLCINVESTMENT MGMT$7,153not reported in the loaded dataset2023

Related Form 5500 pages