Plan Snapshot
- Plan Sponsor: Nexagen Networks, INC.
- Sponsor EIN: 223500429
- Sponsor Address: 1670 RT 34 N,, WALL TOWNSHIP, NJ, 07727
- Plan Type: 401(k)
- Total Participants: 163
- Total Assets: $3.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|
| 2024 | 163 | $3.4M | $115,152 | $634,028 |
| 2023 | 62 | $2.9M | $92,463 | $512,639 |
| 2022 | 61 | $1.9M | $64,114 | $373,846 |