NextGen Global Resources, LLC

72
Form 5500 Data

Overview

Plan Rating

BrightScope Rating
72
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (6)
Average in Peer Group (58)
Highest in Peer Group (92)

Plan Description

NextGen and Swoon Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 72, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Salary Deferral. NextGen and Swoon Retirement Plan currently has over 100 active participants and over $3.0M in plan assets.

Did you know?

For the average 401k participant, the 20 point difference between this plan's BrightScope Rating (72) and the top rated plan (92) could equate to:
13
Additional years of work
169,887
Lost Savings
*The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2017
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 300 S. Wacker Drive Suite 1300
  • Location
    Chicago , IL
  • 60606
  • Industry
    Administrative and Support and Waste Management and Remediation Services
  • Administrator
    Sheena Foy
  • Net Plan Assets
    $3,020,000
  • Total Participants
    190
  • Avg Account Balance
    $22,000

Plan Components

Component Ratings

Design

Total Plan Cost:
High Fees
Company Generosity:
Above Average

Performance

Participation Rate:
Below Avg.
Salary Deferrals:
Great
Account Balance:
Below Avg.

Design

Total Plan Cost:
Average Fees
Company Generosity:
Great

Performance

Participation Rate:
Below Avg.
Salary Deferrals:
Great
Account Balance:
Below Avg.

Peer Group Plans

Company Rating
JES Tech 72.3
Infinity Consulting Solutions 71.4
Smart IT 68.3
Qualx 67.6
ALEX-Alternative Experts, LLC 65.6
The Insource Group 60.6
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Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

25

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
American Funds (Capital Group) Target Date Retirement 75%
9%
American Funds Fundamental Investors 4%
82%
Invesco Oppenheimer International Growth 4%
82%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Administration
Shore Tompkins Actuarial Resources
Recordkeeper
Various
Auditor
Coleman Joseph Blitstein

Articles and Questions

Boeing Plan Report (Updated)

Boeing Fee Settlement Highlights the High Bar for Large Plans

Boeing Offers a Near Perfect Retirement Plan ModelIn most respects Boeing’s retirement offering is a great model of how to run a large retirement plan. Participants in Boeing’s 401(k) plan are beneficiaries of a participant-friendly design with immediate access, automatic enrollment, immediate ves

Why Do Investment Expenses Matter?
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