Plan Snapshot
- Plan Sponsor: Nexus Therapy Management, LLC
- Sponsor EIN: 463169565
- Sponsor Address: 115 W JACKSON STREET, SUITE 2G, RIDGELAND, MS, 39157
- Plan Type: 401(k)
- Total Participants: 131
- Total Assets: $3.9M
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 | 131 | $3.9M | $242,713 | $515,413 |
| 2023 | 125 | $3.0M | $238,673 | $501,658 |
| 2022 | 126 | $1.9M | $235,583 | $494,522 |
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 |
|---|---|---|---|---|
| MASCAGNI WEALTH MANAGEMENT | NONE | $17,442 | — | $17,442 |
| PILTZ, WILLIAMS, LAROSA & COMPANY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PILTZ, WILLIAMS, LAROSA & COMPANY — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,442
- Estimated Expense Ratio: 0.452% 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 |
|---|---|---|---|---|---|
| 2024 | $19,642 | $17,442 | $2,200 | — | — |
| 2023 | $15,730 | $12,755 | $2,975 | — | — |
| 2022 | $12,355 | $8,582 | $3,773 | — | — |