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Original filing (PDF)20250917132526NAL0000274307001
NEXT INSURANCE, INC.
Form 5500
FILING_RECEIVED
NEXT INSURANCE 401(K) PLAN
401(k) retirement plan
Signals · 1
37% in single holding
Active participants
529
Accounts w/ balance
572
Plan assets (EOY)
$33.8M
Net assets (EOY)
$33.8M
How this plan invests
This plan
25 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
96
/ 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
81
Total plan cost
100
Vendor stack
100
Participation health
100
Knocking points off
- Top holding "Vanguard Total Stock Mkt Idx Adm" is 37% of plan.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for NEXT INSURANCE, INC..
Plan sponsor
Name
NEXT INSURANCE, INC.
EIN
81-0830573
Address
975 CALIFORNIA AVE · PALO ALTO, CA · 94306
Phone
(650) 931-7631
Industry
Insurance Agencies & Brokerages· Finance & Insurancesee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
002
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-09-17
Pension benefit codes
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2T · Default investment account (QDIA)
2E · Profit-sharing
3D · Pre-approved plan (master / prototype / VS)
Audit & trust (Schedule H)
Auditor
CLIFTONLARSONALLEN LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
1 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | 04-2647786 | — | RECORDKEEPER | $70K | — |
Investments
25 direct securities· $33.7M(99% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Vanguard Total Stock Mkt Idx Adm | — | — | — | $12.5M | 36.9% | |
| Vanguard Total Intl Stock Index Admiral | — | — | — | $6.1M | 18.0% | |
| Vanguard Total Bond Market Index Adm | — | — | — | $3.1M | 9.3% | |
| Vanguard 500 Index Admiral | — | — | — | $2.6M | 7.6% | |
| Vanguard Growth Index Admiral | — | — | — | $2.4M | 7.0% | |
| Vanguard Target Retirement 2055 | — | — | — | $1.4M | 4.0% | |
| Vanguard Target Retirement 2050 | — | — | — | $1.2M | 3.4% | |
| Vanguard Target Retirement 2060 | — | — | — | $787K | 2.3% | |
| Vanguard Target Retirement 2045 | — | — | — | $658K | 1.9% | |
| Vanguard Ext Mkt Inx Adm | — | — | — | $569K | 1.7% | |
| Fidelity Fid GOVT MMKT K6 | — | — | — | $554K | 1.6% | |
| Participants Participant Loans Rates from 4.25% to 9.5% - | — | — | — | $410K | 1.2% | |
| Vanguard Target Retirement 2035 | — | — | — | $347K | 1.0% | |
| Vanguard Target Retirement 2030 | — | — | — | $337K | 1.0% | |
| Vanguard Target Retirement 2040 | — | — | — | $240K | 0.7% | |
| Vanguard Value Index Adm | — | — | — | $218K | 0.6% | |
| Vanguard Target Retirement 2065 | — | — | — | $137K | 0.4% | |
| Vanguard FTSE Social Index Admiral | — | — | — | $62K | 0.2% | |
| Vanguard Target Retirement 2020 | — | — | — | $36K | 0.1% | |
| DFA International Value I | — | — | — | $33K | <0.1% | |
| DFA Emerging Markets Value I | — | — | — | $29K | <0.1% | |
| Vanguard Target Retirement 2070 | — | — | — | $28K | <0.1% | |
| DFA Global Real Estate Securities Port | — | — | — | $23K | <0.1% | |
| DFA Emerging Markets Small Cap I | — | — | — | $20K | <0.1% | |
| Vanguard Target Retirement 2025 | — | — | — | $9K | <0.1% |
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