NEXT LEVEL 401(K) PLAN

Plan Contact

  • Address: 5718 WESTHEIMER RD,,HOUSTON,TX
  • Contact person: JEAN MOLONEY
  • Phone: (281) 515-3300

Plan General Information

NEXT LEVEL 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of NEXT LEVEL 401(K) PLAN is $18,597,230.00.This plan was established in 2013.

NEXT LEVEL 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in NEXT LEVEL 401(K) PLAN is 1008

NEXT LEVEL 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for NEXT LEVEL 401(K) PLAN is $18,449.00

NEXT LEVEL 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for NEXT LEVEL 401(K) PLAN is $6,170.00.

NEXT LEVEL 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in NEXT LEVEL 401(K) PLAN is approximately $1,616.00
Investing in this additonal $1,616.00 for 20 years would give you extra $103,485.00, assuming a 10% annual return.

NEXT LEVEL 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, NEXT LEVEL 401(K) PLAN allocates $1,629,894.00 to match its employees' contributions, providing an employer match rate of 52.41% of their contributions

NEXT LEVEL 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of NEXT LEVEL 401(K) PLAN is 51.65%.

NEXT LEVEL 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for NEXT LEVEL 401(K) PLAN is 19.17%. This measures the effectiveness of the plan participants' investments in the year.

NEXT LEVEL 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of NEXT LEVEL 401(K) PLAN is 0.04%.

Enrollment Features

NEXT LEVEL 401(K) PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.


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