Plan Ledger DOL Form 5500 · updated monthly

Nexus Technologies, LLC401(k)

NEXUS TECHNOLOGIES, LLC 401(K) PLAN · GREENWOOD VILLAGE, CO · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Nexus Technologies, LLC reported $95,180 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $2,880 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 0.50% to 0.44%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 437th-largest of 1,461 plans among Colorado employers on file, and the 4,845th of 11,654 in professional & technical services. In 2024, employees put in $2.28 for every $1.00 the employer contributed; active participation has grown from 296 to 369 since 2022.

Plan summary
Net assets, end of year$24,372,188
Participants with balances434
Active participants369
Employer contributions$1,062,735
Employee contributions$2,419,471
Employer contribution per active participant$2,880
Average account balance$56,157
Benefits paid to participants$1,534,002
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.4M · 434 accts · $1.1M emplr
2023$19.0M · 348 accts · $964K emplr
2022$14.9M · 363 accts · $937K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,886
Investment management$51,294
Total administrative$95,180
The Nexus Technologies, LLC 401(k) match · 2024
Employer contribution per active participant$2,880
Median for plans this size$2,416
2024$2,880 per active participant
2023$3,395 per active participant
2022$3,165 per active participant

Nexus Technologies, LLC's 2024 employer contribution ran above the $2,416 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 · 20242
PENSIONMARK FINANCIAL GROUP, LLC · Recordkeeping · Trustee$51,294
ADP, INC. · Loan processing · Recordkeeping$43,886

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, PENSIONMARK FINANCIAL GROUP, LLC
2023ADP, PENSIONMARK FINANCIAL GROUP, LLC

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Administrative cost history3
2024$95,180 · 0.44%
2023$81,591 · 0.48%
2022$81,914 · 0.50%
Same employer
Similar plansProfessional & Technical Services · Colorado
Contexture LLC CO$25.5M · 0.22%
Equus Software LLC CO$25.2M · 0.23%
Davis Partnership, P.C. CO$24.4M · 0.42%
Ctl/Thompson, Inc. CO$24.0M · 0.74%
Red Canary Inc. CO$23.9M · 0.11%
Wurkforce, Inc. CO$23.8M · 1.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841432041 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.