Plan Ledger DOL Form 5500 · updated monthly

Nexxt, Inc.401(k)

NEXXT, INC. 401 (K) PLAN · WAYNE, PA · plan year 2022

Reported admin expense ratio · 2022
0.01%

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

Nexxt, Inc. reported $628 in plan administrative expenses for 2022: 0.01% of average plan assets, lower than ~75% of peers. 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Pennsylvania (2,376th of 3,651), and 8,264th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$9,180,166
Participants with balances86
Active participants61
Employer contributions$0
Employee contributions$564,492
Employer contribution per active participant$0
Average account balance$106,746
Benefits paid to participants$520,015
Plan auditUnmodified (clean) audit opinion
The Nexxt, Inc. 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$2,266

Nexxt, Inc.'s 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$628 · 0.01%
Similar plansProfessional & Technical Services · Pennsylvania
Reaction Biology Corp PA$9.4M · 0.72%
Savana, Inc. PA$9.2M · 0.84%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 232773769 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.