Next Point Capital 401(k) match, vesting and fees
What Next Point Capital's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Clifton Larson Allen LLP | Schedule C ↗ |
| Independent auditor | Clifton Larson Allen LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,409 defined-contribution plans in finance and insurance with 100 to 499 participants.
| Next Point Capital: employer contribution per participant | $333 | |
| Peer median | $2,868 |
| Next Point Capital: average balance | $46,182 | |
| Peer median | $95,281 |
| Next Point Capital: admin expenses ÷ assets | 0.45% | |
| Peer median | 0.22% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $8M at the end of plan year 2021 to $5.8M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 130 | $5.8M | $42K | $333 | 0.45% | Not published | Form 5500 ↗ |
| 2023 | 136 | $6.1M | $29K | $223 | 1.40% | Not published | Form 5500 ↗ |
| 2022 | 198 | $5.8M | $54K | $288 | 0.77% | Not published | Form 5500 ↗ |
| 2021 | 192 | $8M | $57K | $308 | 0.69% | Not published | Form 5500 ↗ |
Common questions
Does Next Point Capital match 401(k) contributions?
The match terms for the Retirement Savings and Incentive Plan have not been published from its filing yet. The plan year 2024 filing reports $42K in employer contributions, about $333 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Next Point Capital 401(k) match vested?
The vesting schedule for the Retirement Savings and Incentive Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Next Point Capital 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Clifton Larson Allen LLP. The plan administrator is Next Point Capital Corporation.
I left Next Point Capital. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Next Point Capital Corporation, (310) 295-2221) or the recordkeeper, Clifton Larson Allen LLP. The Next Point Capital old 401(k) page lists the contacts from every plan filing. Find an old Next Point Capital 401(k)
Data from the public Form 5500 annual reports Next Point Capital filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Next Point Capital. Not financial advice. Report a correction · Methodology