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NEXT LEVEL 401K 401k Plan overview

Plan NameNEXT LEVEL 401K
Plan identification number 001

NEXT LEVEL 401K 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

NEXTLEVEL has sponsored the creation of one or more 401k plans.

Company Name:NEXTLEVEL
Employer identification number (EIN):522294316
NAIC Classification:518210
NAIC Description:Data Processing, Hosting, and Related Services

Form 5500 Filing Information

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

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01HEATHER SILENZIO2024-07-12
0012022-01-01HEATHER SILENZIO2023-09-08
0012021-01-01HEATHER SILENZIO2022-12-20
0012021-01-01HEATHER SILENZIO2023-01-06
0012020-02-01KIM AYERS2021-06-16

Plan Statistics for NEXT LEVEL 401K

401k plan membership statisitcs for NEXT LEVEL 401K

Measure Date Value
2025: NEXT LEVEL 401K 2025 401k membership
Total number of particpants at beginning of year2025-07-2921
Total number of particpants at end of year2025-07-2926
Number of Participants With Account Balances2025-07-2921
2024: NEXT LEVEL 401K 2024 401k membership
Total number of particpants at beginning of year2024-07-1218
Total number of particpants at end of year2024-07-1222
Number of Participants With Account Balances2024-07-1218

Financial Data on NEXT LEVEL 401K

Measure Date Value
2025 : NEXT LEVEL 401K 2025 401k financial data
Total expenses incurred by plan in this plan year2025-07-299886
Net assets as of the end of the plan year2025-07-29333872
Total assets as of the beginning of the plan year2025-07-29220192
Value of plan covered by a fidelity bond2025-07-2923000
Participant contributions to plan in this plan year2025-07-2976889
Value of participant loans at end of plan year2025-07-2935059
Other contributions to plan in this plan year2025-07-298077
Other income to plan in this plan year2025-07-2937983
Plan net income in this plan year2025-07-29113680
Net assets as of the end of the plan year2025-07-29333872
Net assets as of the beginning of the plan year2025-07-29220192
Employer contributions to plan in this plan year2025-07-29617
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-292710
2024 : NEXT LEVEL 401K 2024 401k financial data
Total expenses incurred by plan in this plan year2024-07-128864
Net assets as of the end of the plan year2024-07-12220192
Total assets as of the beginning of the plan year2024-07-12120179
Value of plan covered by a fidelity bond2024-07-1213000
Participant contributions to plan in this plan year2024-07-1244825
Value of participant loans at end of plan year2024-07-123200
Other income to plan in this plan year2024-07-1236706
Plan net income in this plan year2024-07-12100013
Net assets as of the end of the plan year2024-07-12220192
Net assets as of the beginning of the plan year2024-07-12120179
Employer contributions to plan in this plan year2024-07-1227346
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-122251

Potentially related plans

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