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

> Nexum, INC.'s 401(k) plan: 89 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

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

- **Sponsor EIN:** 753026056

- **Sponsor Address:** 2901 CARLSON DRIVE, HAMMOND, IN, 46323

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

- **Total Participants:** 89

- **Total Assets:** $11.4M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** Yes

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|89|$11.4M|$139,816|$871,592|

| 2023|90|$9.4M|$2,785|$827,356|

| 2022|92|$8.1M|$101,865|$754,682|

## 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|

| FGMK, LLC|Auditor|—|—|$0|

### Verified Provider Profiles

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

- [FGMK, LLC](https://planprovider.pro/provider/fgmk-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|$40,799|$29,833|—|—|—|

| 2023|$41,541|$31,478|$10,063|—|—|

| 2022|$41,551|—|$41,551|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/nexum-inc-plan)

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