Plan Snapshot
- Plan Sponsor: Nexius Solutions, INC.
- Sponsor EIN: 272863174
- Sponsor Address: 1313 N. MARKET STREET, WILMINGTON, DE, 19801
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 254
- Total Assets: $8.5M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2025 | 254 | $8.5M | $0 | $0 |
| 2024 | 10 | $8.5M | $0 | $0 |
| 2023 | 0 | $9.4M | $350,343 | $921,535 |
| 2022 | 357 | $18.9M | $1.1M | $3.1M |
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 |
|---|---|---|---|---|
| MMA SECURITIES | Investment Advisor | $12,716 | — | $12,716 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $12,716
- Estimated Expense Ratio: 0.150% of plan assets
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 |
|---|---|---|---|---|---|
| 2025 | $1,546,332 | $12,716 | — | — | — |
| 2024 | -$2,112 | $13,533 | — | — | — |
| 2023 | $19,616 | $22,447 | — | — | — |
| 2022 | $57,032 | — | — | — | — |