Plan Ledger DOL Form 5500 · updated monthly

Amg Technology Investment Group, LLC dba Nextlink401(k)

NEXTLINK INTERNET 401(K) PLAN · HUDSON OAKS, TX · plan year 2024

Reported admin expense ratio · 2024
0.65%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Amg Technology Investment Group, LLC dba Nextlink reported $50,369 in plan administrative expenses for 2024: 0.65% of average plan assets, above the peer median. Employer contributions averaged $1,197 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.55% to 0.65%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Texas (3,261st of 5,688), and 1,594th of 2,199 in information & media. In 2024, employees put in $1.58 for every $1.00 the employer contributed; active participation has shrunk from 912 to 810 since 2022.

Plan summary
Net assets, end of year$8,723,242
Participants with balances441
Active participants810
Employer contributions$969,618
Employee contributions$1,536,584
Employer contribution per active participant$1,197
Average account balance$19,781
Benefits paid to participants$1,520,302
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.7M · 441 accts · $970K emplr
2023$6.8M · 453 accts · $876K emplr
2022$4.3M · 380 accts · $726K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,369
Total administrative$50,369
The Amg Technology Investment Group, LLC dba Nextlink 401(k) match · 2024
Employer contribution per active participant$1,197
Median for plans this size$1,313
2024$1,197 per active participant
2023$921 per active participant
2022$796 per active participant

Amg Technology Investment Group, LLC dba Nextlink's 2024 employer contribution ran below the $1,313 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$50,369 · 0.65%
2023$26,200 · 0.47%
2022$20,044 · 0.55%
Same employer
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Cleardata Networks, Inc. TX$9.0M · 0.32%
Omnigo Software, LLC TX$9.0M · 0.15%
World Cinema, Inc. TX$8.8M · 0.58%
Hartman Newspapers L.P. TX$7.6M · 0.08%
Digital Pharmacist Inc. TX$7.6M · 0.39%
Data.World, Inc. TX$7.2M · 0.89%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454146484 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.