Plan Snapshot
- Plan Sponsor: Nexone, INC
- Sponsor EIN: 870661191
- Sponsor Address: 1725 E. 1450 S. SUITE #330, CLEARFIELD, UT, 84015
- Plan Type: 401(k)
- Total Participants: 73
- Total Assets: $14.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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. |
|---|---|---|---|---|
| 2024 | 73 | $14.2M | $203,134 | $801,298 |
| 2023 | 71 | $12.1M | $215,047 | $792,882 |
| 2022 | 89 | $10.2M | $243,323 | $847,655 |
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 |
|---|---|---|---|---|
| WSRP, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WSRP, LLC — 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 | $59,272 | — | $59,124 | — | — |
| 2023 | $49,510 | — | $49,510 | — | — |
| 2022 | $53,842 | — | — | — | $53,842 |