Plan Snapshot
- Plan Sponsor: Nixon Power Services
- Sponsor EIN: 421608629
- Sponsor Address: 155 FRANKLIN ROAD SUITE 255, BRENTWOOD, TN, 37027
- Plan Type: 401(k)
- Total Participants: 318
- Total Assets: $19.2M
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 | 318 | $19.2M | $471,381 | $1.9M |
| 2023 | 283 | $14.8M | $619,322 | $1.4M |
| 2022 | 195 | $11.7M | $251,174 | $1.2M |
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 |
|---|---|---|---|---|
| LBMC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LBMC — 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 | $90,123 | $44,785 | — | — | — |
| 2023 | $69,989 | $33,747 | — | — | — |
| 2022 | $65,047 | $55,830 | $8,398 | — | — |