Retirement plan

NUEVOGEN 401(K) PLAN

Name: NUEVOGEN, LLC - NUEVOGEN 401(K) PLAN (2023) 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 2023

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$476K

No prior year

Total participants

No prior year

Average account balance

$158,530

No prior year

Annual return

11.90%

No prior year

Benchmarks

See 22,632 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort22,632 peers

Snapshot2023

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

$4K

$1954 / participant

Other / not subdivided$4K100.0%

% of EOY assets

0.822%

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

$158,530

$110,240+43.8%

$96,544+64.2%

$139,487+13.7%

Participation rate

100.0%

78.1%+21.9pp

76.0%+24.0pp

80.3%+19.7pp

Annual return

11.90%

26.41%-14.5pp

25.88%-14.0pp

373.84%-361.9pp

Employer contribution / active EE

$5,346

$3,622+47.6%

$2,966+80.2%

$4,755+12.4%

Participant deferral / active EE

$12,855

$5,549+131.7%

$4,851+165.0%

$6,713+91.5%

Admin fee / account holder

$1,303

$11,602-88.8%

$8,254-84.2%

$11,407-88.6%

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