Retirement plan

NUEVOGEN 401(K) PLAN

Name: NUEVOGEN, LLC - NUEVOGEN 401(K) PLAN (2024) Form 5500
Creator: NUEVOGEN, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NUEVOGEN 401(K) PLAN, NUEVOGEN, LLC

NUEVOGEN, LLCEIN 46-3138465Plan #001PY 2024

3260 N. HAYDEN ROAD - SCOTTSDALE, AZ 85251480-370-2287

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$644K

+35.5% from 2023

Total participants

0.0% from 2023

Average account balance

$214,766

+35.5% from 2023

Annual return

16.99%

+5.09 pp from 2023

Benchmarks

See 22,959 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort22,959 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Less than 3 years of history available for this plan

We'll show a chart here once at least 3 consecutive filings are on record.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2J2R3D2G

Plan features

2E
Profit-sharing
Profit-sharing plan.
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$5K

$2599 / participant

Other / not subdivided$5K100.0%

% of EOY assets

0.807%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$214,766

$117,895+82.2%

$102,460+109.6%

$145,897+47.2%

Participation rate

100.0%

78.6%+21.4pp

76.5%+23.5pp

80.3%+19.7pp

Annual return

16.99%

31.92%-14.9pp

29.47%-12.5pp

552.29%-535.3pp

Employer contribution / active EE

$31,102

$3,619+759.4%

$3,025+928.1%

$4,663+567.0%

Participant deferral / active EE

$12,856

$5,736+124.1%

$5,056+154.3%

$6,689+92.2%

Admin fee / account holder

$1,732

$13,353-87.0%

$9,460-81.7%

$13,390-87.1%

NUEVOGEN 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NUEVOGEN 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion