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NEXT LEVEL CHURCH RETIREMENT PLAN 401k Plan overview

Plan NameNEXT LEVEL CHURCH RETIREMENT PLAN
Plan identification number 001

NEXT LEVEL CHURCH RETIREMENT PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

NEXT LEVEL CHURCH has sponsored the creation of one or more 401k plans.

Company Name:NEXT LEVEL CHURCH
Employer identification number (EIN):010627010
NAIC Classification:813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NEXT LEVEL CHURCH RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01VINAY DASWANI2023-10-03
0012021-01-01VINAY DASWANI2022-08-15 VINAY DASWANI2022-08-15
0012020-01-01ALAN HUGHES2021-06-30 ALAN HUGHES2021-06-30
0012019-01-01ALAN HUGHES2020-09-28 ALAN HUGHES2020-09-28

Plan Statistics for NEXT LEVEL CHURCH RETIREMENT PLAN

401k plan membership statisitcs for NEXT LEVEL CHURCH RETIREMENT PLAN

Measure Date Value
2025: NEXT LEVEL CHURCH RETIREMENT PLAN 2025 401k membership
Total number of particpants at beginning of year2025-09-1856
Total number of particpants at end of year2025-09-1867
Number of Participants With Account Balances2025-09-1826
2024: NEXT LEVEL CHURCH RETIREMENT PLAN 2024 401k membership
Total number of particpants at beginning of year2024-10-1143
Total number of particpants at end of year2024-10-1155
Number of Participants With Account Balances2024-10-1125

Financial Data on NEXT LEVEL CHURCH RETIREMENT PLAN

Measure Date Value
2025 : NEXT LEVEL CHURCH RETIREMENT PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-09-188161
Net assets as of the end of the plan year2025-09-18677343
Total assets as of the beginning of the plan year2025-09-18503084
Value of plan covered by a fidelity bond2025-09-18500000
Participant contributions to plan in this plan year2025-09-1892293
Value of participant loans at end of plan year2025-09-181971
Other income to plan in this plan year2025-09-1890127
Plan net income in this plan year2025-09-18174259
Net assets as of the end of the plan year2025-09-18677343
Net assets as of the beginning of the plan year2025-09-18503084
Expensese paid to adminstrative service provicers from plan in this plan year2025-09-18553
2024 : NEXT LEVEL CHURCH RETIREMENT PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-10-11111408
Net assets as of the end of the plan year2024-10-11503084
Total assets as of the beginning of the plan year2024-10-11424661
Value of plan covered by a fidelity bond2024-10-11500000
Participant contributions to plan in this plan year2024-10-11100327
Value of participant loans at end of plan year2024-10-112785
Other contributions to plan in this plan year2024-10-110
Other income to plan in this plan year2024-10-1189504
Plan net income in this plan year2024-10-1178423
Net assets as of the end of the plan year2024-10-11503084
Net assets as of the beginning of the plan year2024-10-11424661
Employer contributions to plan in this plan year2024-10-110
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-11916

Potentially related plans

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