Nlight, Inc. 401(K) Plan — Form 5500 plan (Nlight, 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, Nlight, Inc. 401(K) Plan is a benefit plan reported by Nlight, Inc. under EIN 91-2066376 and plan number 001. The latest loaded filing year is 2023. The filing reports 954 participants and $56,621,648 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$56.6MPlan net assets, end of year$56,621,648
Participants954Covered participants reported
Assets / participant$59.4KComputed: assets ÷ participants$59,352 (computed)
Provider compensation$188.5K2 Schedule C provider row(s)$188,532
Plan sponsor
Nlight, Inc.
EIN
91-2066376
Plan number
001
Plan type
2
Location
Camas, WA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023954H, C20241007195819NAL0015708353001
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)$56.6M total assets
Net assets$56.6MLiabilities$0
Money in vs. money out
Total income / additions$16.8M
Total expenses$5.4M
Benefits paid / distributions$5.2M
Contributions
Employer$1.8M
Participant$5.9M
Full reported line items

Net assets

Total assets (EOY)
$56,621,648
Total liabilities (EOY)
$0
Net assets (EOY)
$56,621,648
Net assets (BOY)
$45,177,513

Income & contributions

Employer contributions
$1,758,313
Participant contributions
$5,884,993
Total contributions
$8,367,937
Total income / additions
$16,794,944

Expenses & distributions

Benefits paid
$5,160,312
Administrative expenses
$188,532
Total expenses
$5,350,809
Net increase / (decrease)
$11,444,135
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 23%Participant 77%
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income31%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$110,314$02023
Phillips & Company Securities IncADVISOR$78,218not reported in the loaded dataset2023

Related Form 5500 pages