# Nexamp, INC. 401(k) Plan
Source: https://planprovider.pro/companies/nexamp-inc-401k-plan

> Nexamp, INC.&#39;s 401(k) plan: 472 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Nexamp, INC.

- **Sponsor EIN:** 261541318

- **Sponsor Address:** 101 SUMMER STREET 2ND FLOOR, BOSTON, MA, 02110

- **Plan Type:** 401(k)

- **Total Participants:** 472

- **Total Assets:** $31.7M

## 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|472|$31.7M|$1.5M|$4.5M|

| 2023|496|$21.2M|$1.2M|$3.7M|

| 2022|423|$13.3M|$961,010|$2.8M|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| CARON AND BLETZER, PLLC|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [CARON AND BLETZER, PLLC](https://planprovider.pro/provider/caron-bletzer) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$180,971|$77,256|—|—|—|

| 2023|$154,842|$70,898|—|—|—|

| 2022|$117,065|—|$117,065|—|—|

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