Next Step Healthcare 401(K) Plan — Form 5500 plan (Next Step Healthcare, 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, Next Step Healthcare 401(K) Plan is a benefit plan reported by Next Step Healthcare, LLC under EIN 26-3581415 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,554 participants and $10,203,110 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$10.2MPlan net assets, end of year$10,203,110
Participants1.6KCovered participants reported1,554
Assets / participant$6.6KComputed: assets ÷ participants$6,566 (computed)
Provider compensation$17.7K10 Schedule C provider row(s)$17,655
Plan sponsor
Next Step Healthcare, LLC
EIN
26-3581415
Plan number
001
Plan type
2
Location
Woburn, MA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,554H, C20241014094425NAL0052974674001
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)$10.2M total assets
Net assets$10.2MLiabilities$0
Money in vs. money out
Total income / additions$2.6M
Total expenses$1M
Benefits paid / distributions$994.8K
Contributions
Employer$0
Participant$1.3M
Full reported line items

Net assets

Total assets (EOY)
$10,203,110
Total liabilities (EOY)
$0
Net assets (EOY)
$10,203,110
Net assets (BOY)
$8,612,329

Income & contributions

Employer contributions
$0
Participant contributions
$1,251,347
Total contributions
$1,305,577
Total income / additions
$2,612,573

Expenses & distributions

Benefits paid
$994,813
Administrative expenses
$17,655
Total expenses
$1,021,792
Net increase / (decrease)
$1,590,781
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.

Contribution share (employer vs. participant)
Employer 0%Participant 100%
Total expenses ÷ net assets10%Computed ratio
Benefits paid ÷ total income38%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
T. Rowe Price Rps, Inc.NONE$17,655$02023
Columbia Small Cap Index Instl 2NONE$0$02023
Pgim Total Return Bond R6NONE$0$02023
Carillon Eagle Mid Cap Gr Fd INONE$0$02023
Pimco Income InstNONE$0$02023
American New World R6NONE$0$02023
Mfs Value R6NONE$0$02023
Jp Morgan Small Cap Value R6NONE$0$02023
Fidelity Intl Enhanced IndexNONE$0$02023
American Century Sm Cap Growth R6NONE$0$02023

Related Form 5500 pages