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NEXT LEVEL PARTNERS 401(K) P/S PLAN 401k Plan overview

Plan NameNEXT LEVEL PARTNERS 401(K) P/S PLAN
Plan identification number 001

NEXT LEVEL PARTNERS 401(K) P/S 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.
  • 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 PARTNERS, LLC has sponsored the creation of one or more 401k plans.

Company Name:NEXT LEVEL PARTNERS, LLC
Employer identification number (EIN):862731298
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 PARTNERS 401(K) P/S PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01JENNIFER MAY2024-10-04
0012022-01-01JENNIFER MAY2023-10-04

Plan Statistics for NEXT LEVEL PARTNERS 401(K) P/S PLAN

401k plan membership statisitcs for NEXT LEVEL PARTNERS 401(K) P/S PLAN

Measure Date Value
2025: NEXT LEVEL PARTNERS 401(K) P/S PLAN 2025 401k membership
Total number of particpants at beginning of year2025-07-1710
Total number of particpants at end of year2025-07-1716
Number of Participants With Account Balances2025-07-1716
2024: NEXT LEVEL PARTNERS 401(K) P/S PLAN 2024 401k membership
Total number of particpants at beginning of year2024-10-0411
Total number of particpants at end of year2024-10-0411
Number of Participants With Account Balances2024-10-049

Financial Data on NEXT LEVEL PARTNERS 401(K) P/S PLAN

Measure Date Value
2025 : NEXT LEVEL PARTNERS 401(K) P/S PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-07-1725
Net assets as of the end of the plan year2025-07-17564513
Total assets as of the beginning of the plan year2025-07-17433283
Value of plan covered by a fidelity bond2025-07-1744000
Participant contributions to plan in this plan year2025-07-1730956
Value of participant loans at end of plan year2025-07-1742773
Other contributions to plan in this plan year2025-07-170
Other income to plan in this plan year2025-07-1753898
Plan net income in this plan year2025-07-17131230
Net assets as of the end of the plan year2025-07-17564513
Net assets as of the beginning of the plan year2025-07-17433283
Employer contributions to plan in this plan year2025-07-1746401
Fees paid to broker by Benefit Provider2025-07-172151
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-1725
2024 : NEXT LEVEL PARTNERS 401(K) P/S PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-10-0424826
Net assets as of the end of the plan year2024-10-04433283
Total assets as of the beginning of the plan year2024-10-04364444
Value of plan covered by a fidelity bond2024-10-0440000
Participant contributions to plan in this plan year2024-10-0426783
Value of participant loans at end of plan year2024-10-0442773
Other income to plan in this plan year2024-10-0458121
Plan net income in this plan year2024-10-0468839
Net assets as of the end of the plan year2024-10-04433283
Net assets as of the beginning of the plan year2024-10-04364444
Employer contributions to plan in this plan year2024-10-048761
Fees paid to broker by Benefit Provider2024-10-041758
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-04150

Potentially related plans

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