Plan5500

Nextek, Inc. Employee 401(K) Retirement Plan — Form 5500 plan (Nextek, Inc.)

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, Nextek, Inc. Employee 401(K) Retirement Plan is a benefit plan reported by Nextek, Inc. under EIN 63-1134620 and plan number 001. The latest loaded filing year is 2023. The filing reports 182 participants and $9,103,581 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Nextek, Inc.
EIN
63-1134620
Plan number
001
Plan type
2
Location
Madison, AL
Latest filing year
2023
Participants
182
End-of-year plan assets
$9,103,581

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023182H, C20241021163206NAL0001528593001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$9,103,581
Total liabilities (EOY)
$0
Net assets (EOY)
$9,103,581
Net assets (BOY)
$8,352,370

Income & contributions

Employer contributions
$298,917
Participant contributions
$617,865
Total contributions
$925,498
Total income / additions
$2,219,760

Expenses & distributions

Benefits paid
$1,445,392
Administrative expenses
$23,157
Total expenses
$1,468,549
Net increase / (decrease)
$751,211

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Kreativ Retirement Plan Sol LLCADVISOR$21,069not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$2,088$02023

Related Form 5500 pages