# Nexagen Networks, INC. 401(k) Plan
Source: https://planprovider.pro/companies/nexagen-networks-inc-401k-plan

> Nexagen Networks, INC.'s 401(k) plan: 163 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

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