How big is ARES Holdings, LLC's plan?

ARES Holdings, LLC's plan reported $56.5M in assets and 2,801 participants for 2024.

Original filing (PDF)20251015105058NAL0008823650001

ARES Holdings, LLC

Name: ARES Holdings, LLC — Nextech 401(k) Plan, Form 5500 (2024)
Creator: ARES Holdings, LLC
License: https://www.usa.gov/government-works

Form 5500

FILING_RECEIVED

Nextech 401(k) Plan

401(k) retirement plan · ARES Holdings, LLC's Nextech 401(k) Plan held $56.5M in plan assets for 2,801 participants in 2024, with Fidelity as recordkeeper.

Signals · 1

Corrective distributions issued

Active participants

2,801

Accounts w/ balance

2,279

Plan assets (EOY)

$56.5M

Net assets (EOY)

$56.5M

People on this filing

Rick Chrysler signed ARES Holdings, LLC's 2024 Form 5500 as plan administrator.

Rick Chrysler — Plan Administrator — Form 5500 signer

Get verified email & phone for these signers

Signer names are public record from the Form 5500 e-signature.

Plan identifiers

ARES Holdings, LLC's EIN is 65-1162436.

EIN 65-1162436

Plan number 001

Plan year 2024

ACK ID 20251015105058NAL0008823650001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for ARES Holdings, LLC from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

ARES Holdings, LLC's plan includes ERISA 404(c) participant direction, a default investment (QDIA), profit-sharing, a 401(k) feature.

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for ARES HOLDINGS, LLC.

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How this plan invests

This plan

35 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score

Average plan with room to improve

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool.

Compliance & integrity

Total plan cost

Plan health

Vendor & structure

100

Knocking points off

Corrective distributions issued (likely failed ADP/ACP testing).
Low account-holder ratio — balance-holders per active participant in the bottom quartile of peers (10th percentile).
Bottom-decile employer contributions per participant (9th percentile).

Plan sponsor

Name

ARES HOLDINGS, LLC

DBA

CMS/NEXTECH

EIN

all filings

Address

1045 S. JOHN RODES BLVD. · MELBOURNE, FL · 32904

Phone

(321) 473-0328

Industry

Management of Companies / Holdings

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

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2K · 401(m) arrangement

2T · Default investment account (QDIA)

3B · Covers self-employed individuals

2E · Profit-sharing

3H · Sponsor in controlled / affiliated group

2J · 401(k) feature

Service providers (Schedule C)

2 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
FIDELITY INVESTMENTS INSTITUTIONAL	04-2647786	—	RECORDKEEPER	$90K	—

Advisor / Consultant

Name	EIN	Location	Relation	Direct comp	Indirect comp
STRATEGIC ADVISORS, INC.	04-2654524	—	ADVISOR	$15K	—

Investments

35 direct securities· $56.4M(100% of reported assets)

Mutual Funds

$36.4M

20 holdings

Other securities

$10.8M

7 holdings

Common Collective Trusts

$7.4M

6 holdings

Stable Value

$1.8M

1 holding

U.S. Treasuries

$51K

1 holding

					% of plan
Vanguard Wellington Fund Admiral Mutual Fund	Mutual Funds	—	—	$9.2M	16.3%
Alger Capital Appreciation Institutional Fund Mutual Fund	Other securities	—	—	$5.7M	10.1%
Fidelity 500 Index Fund Mutual Fund	Common Collective Trusts	—	—	$4.3M	7.5%
Fidelity Freedom 2030 Fund Mutual Fund	Mutual Funds	—	—	$3.3M	5.8%
Fidelity Freedom 2050 Fund Mutual Fund	Mutual Funds	—	—	$3.3M	5.8%
Fidelity Freedom 2045 Fund Mutual Fund	Mutual Funds	—	—	$3.2M	5.7%
Fidelity Freedom 2040 Fund Mutual Fund	Mutual Funds	—	—	$3.1M	5.5%
Fidelity Freedom 2035 Fund Mutual Fund	Mutual Funds	—	—	$2.1M	3.8%
Fidelity Freedom 2010 Fund Mutual Fund	Mutual Funds	—	—	$2.1M	3.8%
Vanguard Equity Income Fund Admiral Mutual Fund	Mutual Funds	—	—	$1.9M	3.3%
Fidelity Freedom 2055 Fund Mutual Fund	Mutual Funds	—	—	$1.8M	3.2%
The Standard's Stable Asset Fund Stable Value Fund	Stable Value	—	—	$1.8M	3.1%
Notes receivable from participants, net Maturing through 2034 -	Other securities	—	—	$1.3M	2.3%
Fidelity Freedom 2060 Fund Mutual Fund	Mutual Funds	—	—	$1.3M	2.2%
T. Rowe Price New Horizons Fund Mutual Fund	Other securities	—	—	$1.2M	2.1%
Fidelity Mid Cap Index Fund Mutual Fund	Common Collective Trusts	—	—	$1.0M	1.8%
JPMorgan Core Plus Bond Fund Class I Mutual Fund	Other securities	—	—	$982K	1.7%
Fidelity Freedom 2025 Fund Mutual Fund	Mutual Funds	—	—	$936K	1.7%
Fidelity Freedom 2065 Fund Mutual Fund	Mutual Funds	—	—	$922K	1.6%
JPMorgan Mid Cap Value L Fund Mutual Fund	Other securities	—	—	$852K	1.5%
American Funds Europacific Growth R6 Mutual Fund	Mutual Funds	—	—	$846K	1.5%
Fidelity Small Cap Value Fund Mutual Fund	Mutual Funds	—	—	$840K	1.5%
Vanguard Real Estate Index Fund Admiral Mutual Fund	Common Collective Trusts	—	—	$759K	1.3%
Principal SmallCap Growth Fund I Class R-6 Mutual Fund	Other securities	—	—	$714K	1.3%
Invesco Oppenheimer Developing Markets Y Mutual Fund	Mutual Funds	—	—	$705K	1.2%
Vanguard Developed Markets Index Fund Admiral Mutual Fund	Common Collective Trusts	—	—	$686K	1.2%
Fidelity Freedom 2020 Fund Mutual Fund	Mutual Funds	—	—	$588K	1.0%
Fidelity Small Cap Index Fund Mutual Fund	Common Collective Trusts	—	—	$332K	0.6%
Fidelity U.S. Bond Index Fund Mutual Fund	Common Collective Trusts	—	—	$329K	0.6%
Fidelity Government Money Market Fund Mutual Fund	Mutual Funds	—	—	$108K	0.2%
Manning & Napier Rainier International Discovery Mutual Fund	Other securities	—	—	$73K	0.1%
Fidelity Freedom Income Mutual Fund	Mutual Funds	—	—	$63K	0.1%
Lord Abbett Bond Debenture R6 Mutual Fund	U.S. Treasuries	—	—	$51K	<0.1%
Fidelity Freedom 2070 Fund Mutual Fund	Mutual Funds	—	—	$15K	<0.1%
Fidelity Freedom 2015 Fund Mutual Fund	Mutual Funds	—	—	$10K	<0.1%