Plan Ledger DOL Form 5500 · updated monthly

Nexthink, Inc.401(k)

NEXTHINK, INC. RETIREMENT SAVINGS PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Nexthink, Inc. reported $58,879 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $6,458 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 3 years on file its reported administrative ratio has held roughly steady near 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 1,287th-largest of 2,726 plans among Massachusetts employers on file, and the 1,015th of 2,199 in information & media. In 2024, employees put in $2.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,478,122
Participants with balances245
Active participants207
Employer contributions$1,336,832
Employee contributions$2,700,870
Employer contribution per active participant$6,458
Average account balance$83,584
Benefits paid to participants$2,442,375
Plan auditUnmodified (clean) audit opinion
AuditorWITHUM SMITH BROWN
Plan history3
Yearassets · accounts · employer contribution
2024$20.5M · 245 accts · $1.3M emplr
2023$15.2M · 221 accts · $1.3M emplr
2022$10.4M · 219 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,795
Investment management$5,084
Total administrative$58,879
The Nexthink, Inc. 401(k) match · 2024
Employer contribution per active participant$6,458
Median for plans this size$2,416
2024$6,458 per active participant
2023$7,293 per active participant
2022$5,548 per active participant

Nexthink, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20242
ADP, INC. · Loan processing · Recordkeeping$58,879
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$58,879 · 0.33%
2023$34,050 · 0.27%
2022$28,890 · 0.32%
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Source: U.S. Department of Labor, Form 5500 series, EIN 300789733 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.