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NEXT LEVEL RETAIL, LLC 401(K) PLAN 401k Plan overview

Plan NameNEXT LEVEL RETAIL, LLC 401(K) PLAN
Plan identification number 001

NEXT LEVEL RETAIL, LLC 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • 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 RETAIL, LLC has sponsored the creation of one or more 401k plans.

Company Name:NEXT LEVEL RETAIL, LLC
Employer identification number (EIN):833559861
NAIC Classification:423990
NAIC Description:Other Miscellaneous Durable Goods Merchant Wholesalers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NEXT LEVEL RETAIL, LLC 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01MICHAEL KOENITZ-HUDAC2024-09-11 MICHAEL KOENITZ-HUDAC2024-09-11
0012022-01-01MICHAEL KOENITZ-HUDAC2023-10-02 MICHAEL KOENITZ-HUDAC2023-10-02
0012021-01-01MICHAEL KOENITZ-HUDAC2022-10-07 MICHAEL KOENITZ-HUDAC2022-10-07

Plan Statistics for NEXT LEVEL RETAIL, LLC 401(K) PLAN

401k plan membership statisitcs for NEXT LEVEL RETAIL, LLC 401(K) PLAN

Measure Date Value
2024: NEXT LEVEL RETAIL, LLC 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-09-114
Total number of particpants at end of year2024-09-114
Number of Participants With Account Balances2024-09-114
2022: NEXT LEVEL RETAIL, LLC 401(K) PLAN 2022 401k membership
Total number of particpants at beginning of year2022-10-072
Total number of particpants at end of year2022-10-073
Number of Participants With Account Balances2022-10-073

Financial Data on NEXT LEVEL RETAIL, LLC 401(K) PLAN

Measure Date Value
2024 : NEXT LEVEL RETAIL, LLC 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-09-111115
Net assets as of the end of the plan year2024-09-11376006
Total assets as of the beginning of the plan year2024-09-11232487
Participant contributions to plan in this plan year2024-09-1146231
Other expenses paid from plan in this plan year2024-09-110
Other contributions to plan in this plan year2024-09-110
Other income to plan in this plan year2024-09-1133529
Plan net income in this plan year2024-09-11143519
Net assets as of the end of the plan year2024-09-11376006
Net assets as of the beginning of the plan year2024-09-11232487
Employer contributions to plan in this plan year2024-09-1164874
Expensese paid to adminstrative service provicers from plan in this plan year2024-09-111115
2022 : NEXT LEVEL RETAIL, LLC 401(K) PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-10-07244
Net assets as of the end of the plan year2022-10-07153343
Total assets as of the beginning of the plan year2022-10-0757600
Participant contributions to plan in this plan year2022-10-0739339
Other expenses paid from plan in this plan year2022-10-070
Other income to plan in this plan year2022-10-075342
Plan net income in this plan year2022-10-0795743
Net assets as of the end of the plan year2022-10-07153343
Net assets as of the beginning of the plan year2022-10-0757600
Employer contributions to plan in this plan year2022-10-0751306
Expensese paid to adminstrative service provicers from plan in this plan year2022-10-07244

Potentially related plans

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