The Nitsche Group 401(K) Savings And Profit Sharing Plan — Form 5500 plan (The Nitsche Group, 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, The Nitsche Group 401(K) Savings And Profit Sharing Plan is a benefit plan reported by The Nitsche Group, Inc. under EIN 74-1846860 and plan number 001. The latest loaded filing year is 2023. The filing reports 118 participants and $10,182,303 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$10,182,303
Participants118Covered participants reported
Assets / participant$86.3KComputed: assets ÷ participants$86,291 (computed)
Provider compensation$34.1K1 Schedule C provider row(s)$34,096
Plan sponsor
The Nitsche Group, Inc.
EIN
74-1846860
Plan number
001
Plan type
2
Location
Giddings, TX
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023118H, C20240924095859NAL0007339587001
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$2.3M
Total expenses$243.9K
Benefits paid / distributions$209.8K
Contributions
Employer$236.7K
Participant$461.8K
Full reported line items

Net assets

Total assets (EOY)
$10,182,303
Total liabilities (EOY)
$0
Net assets (EOY)
$10,182,303
Net assets (BOY)
$8,140,332

Income & contributions

Employer contributions
$236,706
Participant contributions
$461,846
Total contributions
$698,552
Total income / additions
$2,285,825

Expenses & distributions

Benefits paid
$209,758
Administrative expenses
$34,096
Total expenses
$243,854
Net increase / (decrease)
$2,041,971
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 34%Participant 66%
Total expenses ÷ net assets2%Computed ratio
Benefits paid ÷ total income9%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Tcg Group Holdings, LlpNONE$34,096$02023

Related Form 5500 pages