Department of Labor filing

NETGAIN TECHNOLOGIES, LLC

NETGAIN TECHNOLOGIES, LLC 401(K) PROFIT SHARING PLAN & TRUST · For the plan year ended Dec 31, 2024

Public filing 2024 · received Oct 1, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

25filing comparison
out of 100

The filing trails many comparable plans on reported employer support and/or plan-paid administrative costs. This is a filing comparison, not a complete benefits score.

$Employer support

$1,341

Reported employer contributions per active participant.

Higher than about 19% of comparable plans

#People in the filing

207

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$216 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 40% of comparable plans

↗Investment performance

Not available

Plan assets changed 19.4%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202425out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions19th percentileTypical peer $3,137 · based on 5,509 comparable plans

Lower reported administrative expense40th percentileTypical peer $173 · based on 5,672 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, NETGAIN TECHNOLOGIES, LLC reported $277,585 in employer contributions across the plan and 207 active participants. That works out to $1,341 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy82%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 23.9%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 8.0%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context25/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $277,585
Participant contributions: $806,229
Other contributions: $116,713
Employer share of reported contributions: 25.6%
Beginning assets: $7,224,463
Ending assets: $8,628,450
Ending net assets: $8,628,450
Ending liabilities: Not reported
Total income: $2,336,078
Total expenses: $932,091
Administrative expenses: $58,938
Participant loans: $131,421

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$1,083

2023

$1,168

2024

$1,341

Plan-paid administrative expenses per participant

2022

$200

2023

$178

2024

$216

Active participants

2022

222

2023

222

2024

207

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$1,341	207	8.6M	20251001082413NAL0013947552001
2023	$1,168	222	7.2M	20241010060725NAL0020522193001
2022	$1,083	222	5.9M	20231016113025NAL0050447072001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 1.5%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 611369146-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jan 1, 1996
Industry: Professional, scientific, and technical services
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2K2T3D

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
WILLIAM BLAIR	2023	Not reported	unknown

Current plan terms

Help fill the gap the filing leaves.

If you have a current SPD, fee disclosure, or enrollment guide, you can share it with us. We check the source and date before adding anything to the profile.

Share a document →

Filing ACK_ID20251001082413NAL0013947552001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗