Next Trucking 401(K) Plan — Form 5500 plan (Next Trucking, 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, Next Trucking 401(K) Plan is a benefit plan reported by Next Trucking, Inc. under EIN 81-4645546 and plan number 001. The latest loaded filing year is 2023. The filing reports 339 participants and $7,121,800 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$7.1MPlan net assets, end of year$7,121,800
Participants339Covered participants reported
Assets / participant$21KComputed: assets ÷ participants$21,008 (computed)
Provider compensation$29.1K2 Schedule C provider row(s)$29,087
- Plan sponsor
- Next Trucking, Inc.
- EIN
- 81-4645546
- Plan number
- 001
- Plan type
- 2
- Location
- Long Beach, CA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 339 | H, C | 20241014131837NAL0014989059001 |
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)$7.1M total assets
Net assets$7.1MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $7,121,800
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,121,800
- Net assets (BOY)
- $6,109,241
Income & contributions
- Employer contributions
- $793,165
- Participant contributions
- $872,953
- Total contributions
- $1,730,477
- Total income / additions
- $2,620,641
Expenses & distributions
- Benefits paid
- $1,572,991
- Administrative expenses
- $35,091
- Total expenses
- $1,608,082
- Net increase / (decrease)
- $1,012,559
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.
48%52%
Employer 48%Participant 52%
Total expenses ÷ net assets23%Computed ratio
Benefits paid ÷ total income60%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Catalina Capital Group, LLC | NONE | $25,178 | not reported in the loaded dataset | 2023 |
| John Hancock | RECORDKEEPER | $3,909 | $0 | 2023 |