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NEXT LEVEL ENERGY 401(K) PLAN 401k Plan overview

Plan NameNEXT LEVEL ENERGY 401(K) PLAN
Plan identification number 001

NEXT LEVEL ENERGY 401(K) 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.
  • 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) received services of leased employees, as defined in Code section 414(n), during the plan year.

401k Sponsoring company profile

NEXT LEVEL HVAC ENERGY SYSTEMS has sponsored the creation of one or more 401k plans.

Company Name:NEXT LEVEL HVAC ENERGY SYSTEMS
Employer identification number (EIN):834557294
NAIC Classification:238220
NAIC Description:Plumbing, Heating, and Air-Conditioning Contractors

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NEXT LEVEL ENERGY 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01CHRISTINA JOY KIM2024-06-04
0012022-01-01CHRISTINA JOY KIM2023-06-06 CHRISTINA JOY KIM2023-06-06
0012021-01-01CHRISTINA KIM2022-07-06

Plan Statistics for NEXT LEVEL ENERGY 401(K) PLAN

401k plan membership statisitcs for NEXT LEVEL ENERGY 401(K) PLAN

Measure Date Value
2025: NEXT LEVEL ENERGY 401(K) PLAN 2025 401k membership
Total number of particpants at beginning of year2025-05-1541
Total number of particpants at end of year2025-05-1551
Number of Participants With Account Balances2025-05-1533
2024: NEXT LEVEL ENERGY 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-06-0436
Total number of particpants at end of year2024-06-0439
Number of Participants With Account Balances2024-06-0422
2022: NEXT LEVEL ENERGY 401(K) PLAN 2022 401k membership
Total number of particpants at beginning of year2022-07-065
Total number of particpants at end of year2022-07-0616
Number of Participants With Account Balances2022-07-064

Financial Data on NEXT LEVEL ENERGY 401(K) PLAN

Measure Date Value
2025 : NEXT LEVEL ENERGY 401(K) PLAN 2025 401k financial data
Total liabilities as of the beginning of the plan year2025-05-150
Total expenses incurred by plan in this plan year2025-05-1580058
Net assets as of the end of the plan year2025-05-15713664
Total assets as of the beginning of the plan year2025-05-15307944
Participant contributions to plan in this plan year2025-05-15266684
Other contributions to plan in this plan year2025-05-1522353
Other income to plan in this plan year2025-05-1563863
Plan net income in this plan year2025-05-15405720
Net assets as of the end of the plan year2025-05-15713664
Net assets as of the beginning of the plan year2025-05-15307944
Employer contributions to plan in this plan year2025-05-15132878
Expensese paid to adminstrative service provicers from plan in this plan year2025-05-153705
2024 : NEXT LEVEL ENERGY 401(K) PLAN 2024 401k financial data
Total liabilities as of the beginning of the plan year2024-06-040
Total expenses incurred by plan in this plan year2024-06-04127581
Net assets as of the end of the plan year2024-06-04307944
Total assets as of the beginning of the plan year2024-06-04176805
Participant contributions to plan in this plan year2024-06-04125586
Other contributions to plan in this plan year2024-06-0418825
Other income to plan in this plan year2024-06-0437894
Plan net income in this plan year2024-06-04131139
Net assets as of the end of the plan year2024-06-04307944
Net assets as of the beginning of the plan year2024-06-04176805
Employer contributions to plan in this plan year2024-06-0476415
Expensese paid to adminstrative service provicers from plan in this plan year2024-06-042094
2022 : NEXT LEVEL ENERGY 401(K) PLAN 2022 401k financial data
Total liabilities as of the beginning of the plan year2022-07-060
Total expenses incurred by plan in this plan year2022-07-060
Net assets as of the end of the plan year2022-07-0613670
Total assets as of the beginning of the plan year2022-07-060
Participant contributions to plan in this plan year2022-07-068633
Other income to plan in this plan year2022-07-06212
Plan net income in this plan year2022-07-0613670
Net assets as of the end of the plan year2022-07-0613670
Net assets as of the beginning of the plan year2022-07-060
Employer contributions to plan in this plan year2022-07-064825
Expensese paid to adminstrative service provicers from plan in this plan year2022-07-060

Potentially related plans

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