Retirement plan

NEXUM, INC. 401(K) PLAN

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

NEXUM, INC.EIN 75-3026056Plan #001PY 2024

2901 CARLSON DRIVE, SUITE 204 - HAMMOND, IN 46323219-230-5426nexuminc.comLinkedIn51-200 employeescomputer & network security

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$11.4M

+20.6% from 2023

Total participants

120

-4.8% from 2023

Average account balance

$106,411

+19.5% from 2023

Annual return

14.29%

-2.86 pp from 2023

Benchmarks

See 28,860 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort28,860 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.39M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$106K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

107

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

85.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.01M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+14.29%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$381

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
WINTRUST INVESTMENTS LLC3 years Filed as: WINTRUST INVESTMENTS, LLC Service code 27 231 S. LA SALLE STREET · CHICAG, IL 606041471	Advisory (Plan)	$15,000
ONEDIGITAL INVESTMENT ADVISORS LLC1 year Filed as: ONEDIGITAL INVESTMENT ADVISORS, LLC Service code 27 P.O. BOX 735399 · DALLAS, TX 75373	Advisory (Plan)	$14,834
AMERICAN FUNDS3 years Filed as: CAPITAL GROUP RETIREMENT PLAN SERV Service code 64 6455 IRVINE CENTER DRIVE · IRVINE, CA 92618	Recordkeeping Fees	$10,967

Plan features & details

Pension benefit codes2F2G2J2R3D

Plan features

2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
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

$41K

$458 / participant

Recordkeeping$11K26.9%
Investment mgmt$30K73.1%

% of EOY assets

0.358%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: FGMK, LLC
Auditor EIN: 362929601
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$106,411

$102,385+3.9%

$147,080-27.7%

$80,935+31.5%

Participation rate

85.4%

75.9%+9.5pp

82.2%+3.2pp

67.7%+17.7pp

Annual return

14.29%

135.09%-120.8pp

420.17%-405.9pp

35.66%-21.4pp

Employer contribution / active EE

$1,571

$3,717-57.7%

$4,933-68.2%

$2,757-43.0%

Participant deferral / active EE

$9,793

$6,651+47.2%

$8,066+21.4%

$4,299+127.8%

Admin fee / account holder

$381

$7,951-95.2%

$12,989-97.1%

$6,924-94.5%

Provider

Service type

Compensation

WINTRUST INVESTMENTS LLC3 years

Filed as: WINTRUST INVESTMENTS, LLC

Service code 27

231 S. LA SALLE STREET · CHICAG, IL 606041471

Advisory (Plan)

$15,000

ONEDIGITAL INVESTMENT ADVISORS LLC1 year

Filed as: ONEDIGITAL INVESTMENT ADVISORS, LLC

Service code 27

P.O. BOX 735399 · DALLAS, TX 75373

Advisory (Plan)

$14,834

AMERICAN FUNDS3 years

Filed as: CAPITAL GROUP RETIREMENT PLAN SERV

Service code 64

6455 IRVINE CENTER DRIVE · IRVINE, CA 92618

Recordkeeping Fees

$10,967

NEXUM, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NEXUM, INC. 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