Netspi 401(K) P/S Plan — Form 5500 plan (Netspi, 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, Netspi 401(K) P/S Plan is a benefit plan reported by Netspi, LLC under EIN 41-2002686 and plan number 001. The latest loaded filing year is 2023. The filing reports 368 participants and $23,262,377 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$23.3MPlan net assets, end of year$23,262,377
Participants368Covered participants reported
Assets / participant$63.2KComputed: assets ÷ participants$63,213 (computed)
Provider compensation$35.9K3 Schedule C provider row(s)$35,866
Plan sponsor
Netspi, LLC
EIN
41-2002686
Plan number
001
Plan type
2
Location
Minneapolis, MN
Latest filing year
2023
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    368 participants · 2Sch HSch C
    View filing →
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)$23.3M total assets
Net assets$23.3MLiabilities$0
Money in vs. money out
Total income / additions$10M
Total expenses$655.3K
Benefits paid / distributions$619.4K
Contributions
Employer$1.8M
Participant$3.8M
Full reported line items

Net assets

Total assets (EOY)
$23,262,377
Total liabilities (EOY)
$0
Net assets (EOY)
$23,262,377
Net assets (BOY)
$13,869,710

Income & contributions

Employer contributions
$1,760,096
Participant contributions
$3,809,149
Total contributions
$6,443,604
Total income / additions
$10,047,936

Expenses & distributions

Benefits paid
$619,403
Administrative expenses
$35,866
Total expenses
$655,269
Net increase / (decrease)
$9,392,667
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 32%Participant 68%
Total expenses ÷ net assets3%Computed ratio
Benefits paid ÷ total income6%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    INVESTMENT ADVISOR · Direct $33.9K
  2. 2
    RECORDKEEPER · Direct $1.9K · Indirect $0
  3. 3
    CONTRACT ADMIN · Direct $100

Related Form 5500 pages