Plan Ledger DOL Form 5500 · updated monthly

Nexsentio Inc401(k)

NEXSENTIO INC 401(K) PROFIT SHARING PLAN & TRUST · SAN JOSE, CA · plan year 2024

Reported admin expense ratio · 2024
0.81%

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

Nexsentio Inc reported $3,467 in plan administrative expenses for 2024: 0.81% of average plan assets, below the peer median. Employer contributions averaged $0 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 fell from 1.30% to 0.81%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in California (9,058th of 9,483), and 3,176th of 3,341 in other services. active participation has grown from 283 to 371 since 2022.

Plan summary
Net assets, end of year$527,341
Participants with balances134
Active participants371
Employer contributions$0
Employee contributions$90,141
Employer contribution per active participant$0
Average account balance$3,935
Benefits paid to participants$5,156
Plan auditUnmodified (clean) audit opinion
AuditorVISKOCHIL ASSURANCE SERVICES, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$527K · 134 accts
2023$325K · 135 accts
2022$235K · 236 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$220
Investment management$2,387
Trustee / custodial$860
Total administrative$3,467
The Nexsentio Inc 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$540

Nexsentio Inc's 2024 employer contribution ran below the $540 median for plans its size, in the bottom quarter of its peers. 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
PAYCHEX, INC. · Recordkeeping$207

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

Recordkeeper by year2
2024Paychex
2023Paychex

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Administrative cost history3
2024$3,467 · 0.81%
2023$9,794 · 3.49%
2022$2,418 · 1.30%
Similar plansOther Services · California
Repairsmith, Inc. CA$654K · 1.13%
Cesar Chavez Foundation CA$477K · 0.65%
Vstyles, Inc. CA$476K · 2.03%
Family Pet Mortuary, Inc. CA$475K · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205821249 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.