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Original filing (PDF)20251015122048NAL0004826465001
NEXFIRM LLC
Form 5500
FILING_RECEIVED
NEXFIRM LLC & MEMBER FIRMS' 401(K) RETIREMENT PLAN
401(k) retirement plan
Active participants
296
Accounts w/ balance
266
Plan assets (EOY)
$27.2M
Net assets (EOY)
$27.2M
How this plan invests
This plan
40 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
91
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
65
Vendor stack
100
Participation health
100
Knocking points off
- 72 bps in Schedule C fees — 147% above peer band of 29 bps.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for NEXFIRM LLC.
Plan sponsor
Name
NEXFIRM LLC
EIN
26-3485406
Address
455 CENTRAL PARK AVENUE, SUITE 312 · SCARSDALE, NY · 10583
Phone
(212) 292-1000
Industry
Law Offices· Professional & Technical Servicessee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-15
Pension benefit codes
2A · Age/service weighted or new comparability
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2T · Default investment account (QDIA)
2U · Association Retirement Plan
3B · Covers self-employed individuals
3D · Pre-approved plan (master / prototype / VS)
Audit & trust (Schedule H)
Auditor
MENGEL METZGER BARR & CO. LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
5 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EMPOWER LIFE & ANNUITY INSURANCE CO | — | GREENWOOD VILLAGE, CO | RECORDKEEPER | $33K | — |
Advisor / Consultant
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| SHELTER ROCK MANAGEMENT LLC | — | JERICHO, NY | FEE- BASED ADVISOR | $107K | — |
| EMPOWER FINANCIAL SERVICES, INC. | — | GREENWOOD VILLAGE, CO | ADVISORY | — | — |
TPA / Administrator
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| CREATIVE PENSION CONSULTANTS, INC. | — | ALBANY, NY | TPA | $70K | — |
| DANZIGER & MARKHOFF, LLP | — | WHITE PLAINS, NY | TPA | -$15K | — |
Investments
40 direct securities· $27.1M(100% of reported assets)
Uncategorized
$27.1M
39 holdings
Mutual Funds
$8K
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Vanguard Target Retirement 2050 Fund Investor Shares | — | — | — | $3.0M | 10.9% | |
| Vanguard 500 Index Fund Admiral Shares | — | — | — | $2.5M | 9.0% | |
| Vanguard Target Retirement 2040 Fund Investor Shares | — | — | — | $2.3M | 8.5% | |
| Vanguard Target Retirement 2035 Fund Investor Shares | — | — | — | $2.3M | 8.5% | |
| Vanguard Target Retirement 2030 Fund Investor Shares | — | — | — | $1.9M | 6.8% | |
| Vanguard Target Retirement 2045 Fund Investor Shares | — | — | — | $1.7M | 6.4% | |
| Vanguard Target Retirement 2055 Fund Investor Shares | — | — | — | $1.2M | 4.4% | |
| Parnassus Core Equity Fund - Institutional Shares | — | — | — | $793K | 2.9% | |
| Fidelity Advisor Technology Fund Class Z | — | — | — | $723K | 2.7% | |
| Janus Henderson Forty Fund Class N | — | — | — | $700K | 2.6% | |
| Vanguard Target Retirement 2025 Fund Investor Shares | — | — | — | $698K | 2.6% | |
| Vanguard Target Retirement Income Fund Investor Shares | — | — | — | $658K | 2.4% | |
| Victory Sycamore Established Value Fund Class I | — | — | — | $649K | 2.4% | |
| Empower SDB | — | — | — | $644K | 2.4% | |
| Vanguard Target Retirement 2060 Fund Investor Shares | — | — | — | $593K | 2.2% | |
| Vanguard Small-Cap Index Fund Admiral Shares | — | — | — | $592K | 2.2% | |
| Vanguard Mid-Cap Index Admiral Shares | — | — | — | $558K | 2.1% | |
| Hartford Schroders International Stock | — | — | — | $551K | 2.0% | |
| BlackRock Equity Dividend K | — | — | — | $525K | 1.9% | |
| Empower Investments Fixed Account Fund Series Class I | — | — | — | $519K | 1.9% | |
| PIMCO Income Fund Institutional Class | — | — | — | $424K | 1.6% | |
| Delaware Small-Cap Core Fund Class R6 | — | — | — | $408K | 1.5% | |
| Vanguard Total International Stock Index Fund Admiral Shares | — | — | — | $401K | 1.5% | |
| Baird Aggregate Bond Fund Class Institutional | — | — | — | $352K | 1.3% | |
| AMG Yacktman Fund Class I | — | — | — | $351K | 1.3% | |
| American Funds New Perspective Fund Class R6 | — | — | — | $331K | 1.2% | |
| Jensen Quality Growth Y | — | — | — | $277K | 1.0% | |
| Fidelity Advisor Strategic Income Fund Class Z | — | — | — | $269K | 1.0% | |
| Vanguard Energy Index Fund Admiral Shares | — | — | — | $261K | 1.0% | |
| Allspring Short Term High Income Inst | — | — | — | $222K | 0.8% | |
| American Funds New World Fund Class R6 | — | — | — | $144K | 0.5% | |
| Vanguard Wellesley Income Fund Admiral Shares | — | — | — | $114K | 0.4% | |
| Participants Notes Receivable *** Participant notes receivable - maturity dates through December 2029, interest rates ranging from 4.25% - 9.50% per annum. | — | — | — | $113K | 0.4% | |
| Cohen & Steers Real Estate Securities Fund Class Z | — | — | — | $111K | 0.4% | |
| Invesco Gold & Special Minerals Fund Class R6 | — | — | — | $78K | 0.3% | |
| PIMCO Real Return Fund Institutional Class | — | — | — | $75K | 0.3% | |
| American Funds American Balanced Fund Class R6 | — | — | — | $56K | 0.2% | |
| PGIM High-Yield Fund Class R6 | — | — | — | $40K | 0.1% | |
| BlackRock Global Allocation Fund K | — | — | — | $28K | 0.1% | |
| AB Global Bond Fund Class I | Mutual Funds | — | — | $8K | <0.1% |