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NEXT LEVEL TECHNOLOGIES 401K PLAN 401k Plan overview

Plan NameNEXT LEVEL TECHNOLOGIES 401K PLAN
Plan identification number 001

NEXT LEVEL TECHNOLOGIES 401K 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.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Plan covering Self-Employed individuals.
  • 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 TECHNOLOGIES has sponsored the creation of one or more 401k plans.

Company Name:NEXT LEVEL TECHNOLOGIES
Employer identification number (EIN):270586352
NAIC Classification:541990
NAIC Description:All Other Professional, Scientific, and Technical Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NEXT LEVEL TECHNOLOGIES 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01STEPHEN J PAYERLE II2024-04-30
0012022-01-01STEPHEN J PAYERLE II2023-05-22
0012021-01-01STEPHEN J PAYERLE II2022-06-16

Financial Data on NEXT LEVEL TECHNOLOGIES 401K PLAN

Measure Date Value
2025 : NEXT LEVEL TECHNOLOGIES 401K PLAN 2025 401k financial data
Total liabilities as of the beginning of the plan year2025-05-190
Total expenses incurred by plan in this plan year2025-05-19322
Net assets as of the end of the plan year2025-05-19169574
Total assets as of the beginning of the plan year2025-05-19106181
Value of plan covered by a fidelity bond2025-05-19385000
Participant contributions to plan in this plan year2025-05-1931243
Other income to plan in this plan year2025-05-1921476
Plan net income in this plan year2025-05-1963393
Net assets as of the end of the plan year2025-05-19169574
Net assets as of the beginning of the plan year2025-05-19106181
Employer contributions to plan in this plan year2025-05-1910996
Fees paid to broker by Benefit Provider2025-05-19341
Expensese paid to adminstrative service provicers from plan in this plan year2025-05-19322
2024 : NEXT LEVEL TECHNOLOGIES 401K PLAN 2024 401k financial data
Total liabilities as of the beginning of the plan year2024-04-300
Total expenses incurred by plan in this plan year2024-04-300
Net assets as of the end of the plan year2024-04-30106181
Total assets as of the beginning of the plan year2024-04-3048758
Value of plan covered by a fidelity bond2024-04-30385000
Participant contributions to plan in this plan year2024-04-3031957
Value of participant loans at end of plan year2024-04-300
Other income to plan in this plan year2024-04-3012673
Plan net income in this plan year2024-04-3057423
Net assets as of the end of the plan year2024-04-30106181
Net assets as of the beginning of the plan year2024-04-3048758
Employer contributions to plan in this plan year2024-04-3012793
Fees paid to broker by Benefit Provider2024-04-30354
Expensese paid to adminstrative service provicers from plan in this plan year2024-04-300
2022 : NEXT LEVEL TECHNOLOGIES 401K PLAN 2022 401k financial data
Total liabilities as of the beginning of the plan year2022-06-160
Total expenses incurred by plan in this plan year2022-06-160
Net assets as of the end of the plan year2022-06-169879
Total assets as of the beginning of the plan year2022-06-160
Value of plan covered by a fidelity bond2022-06-16385000
Participant contributions to plan in this plan year2022-06-167068
Other income to plan in this plan year2022-06-1657
Plan net income in this plan year2022-06-169879
Net assets as of the end of the plan year2022-06-169879
Net assets as of the beginning of the plan year2022-06-160
Employer contributions to plan in this plan year2022-06-162754
Fees paid to broker by Benefit Provider2022-06-162
Expensese paid to adminstrative service provicers from plan in this plan year2022-06-160

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