Plan Ledger DOL Form 5500 · updated monthly

Nextgen Healthcare, Inc.401(k)

NEXTGEN HEALTHCARE, INC. 401(K) PLAN · IRVINE, CA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Nextgen Healthcare, Inc. reported $209,116 in plan administrative expenses for 2024: 0.08% of average plan assets, above the peer median. Employer contributions averaged $3,109 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 0.09% to 0.08%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other information & media employers. By assets it is the 457th-largest of 9,483 plans among California employers on file, and the 150th of 2,199 in information & media. In 2024, employees put in $3.82 for every $1.00 the employer contributed; active participation has shrunk from 1,974 to 1,413 since 2022.

Plan summary
Net assets, end of year$264,629,690
Participants with balances2,441
Active participants1,413
Employer contributions$4,392,726
Employee contributions$16,793,451
Employer contribution per active participant$3,109
Average account balance$108,410
Benefits paid to participants$45,324,342
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$264.6M · 2,441 accts · $4.4M emplr
2023$254.9M · 2,861 accts · $6.0M emplr
2022$205.3M · 2,784 accts · $5.8M emplr
The Nextgen Healthcare, Inc. 401(k) match · 2024
Employer contribution per active participant$3,109
Median for plans this size$4,294
2024$3,109 per active participant
2023$3,179 per active participant
2022$2,960 per active participant

Nextgen Healthcare, Inc.'s 2024 employer contribution ran below the $4,294 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
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$213,566

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$209,116 · 0.08%
2023$194,099 · 0.08%
2022$200,329 · 0.09%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 952888568 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.