Plan Snapshot
- Plan Sponsor: Nuaxis LLC Dba Nuaxis Innovation
- Sponsor EIN: 043608077
- Sponsor Address: 1919 GALLOWS ROAD, SUITE 610, VIENNA, VA, 22182
- Plan Type: 401(k)
- Total Participants: 322
- Total Assets: $16.3M
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 | 322 | $16.3M | $488,556 | $1.8M |
| 2023 | 361 | $13.8M | $429,101 | $1.6M |
| 2022 | 345 | $11.4M | $394,164 | $1.6M |
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 |
|---|---|---|---|---|
| CARON & BLETZER PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CARON & BLETZER PLLC — 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 | $102,498 | $60,932 | — | — | — |
| 2023 | $86,147 | $48,044 | — | — | — |
| 2022 | $84,270 | — | — | — | — |