Plan Snapshot
- Plan Sponsor: Nexxen INC.
- Sponsor EIN: 822513262
- Sponsor Address: 1177 6TH AVENUE, NEW YORK, NY, 10036
- Plan Type: 401(k)
- Total Participants: 502
- Total Assets: $99.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 502 | $99.5M | $1.7M | $5.6M |
| 2023 | 275 | $42.5M | $747,636 | $2.5M |
| 2022 | 290 | $35.8M | $753,360 | $2.4M |
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 |
|---|---|---|---|---|
| KESTRA ADVISORY SERVICES | Recordkeeper | — | $70,717 | $70,717 |
| THE BENEFIT PRACTICE | Recordkeeper | $16,471 | $26,220 | $42,691 |
| VOYA RETIREMENT & ANNUITY CO. | Recordkeeper | $6,975 | $3 | $6,978 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KESTRA ADVISORY SERVICES — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $120,386
- Estimated Expense Ratio: 0.121% 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 | $23,446 | — | $23,446 | — | — |
| 2023 | $20,762 | — | $11,012 | $9,750 | — |
| 2022 | $19,799 | — | $19,799 | — | — |