Next Communications Inc.
Plan context: NEXT COMMUNICATIONS, INC. CASH BALANCE PLAN
EIN 41-1697350 • Minnetonka, MN • 29 filings • 2 plans
Current Snapshot
Latest Year
2013
2013 Participants
14
2013 Assets
$4,748,653
2013 Contributions
$716,714
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
Company Timeline
Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.
| Year / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2013 | 2 | 0 | $0 | $0 | - |
| NEXT COMMUNICATIONS, INC. CASH BALANCE PLAN | - | 0 | $0 | - | - |
| Next Communications Inc. Profit Sharing Plan | - | 0 | $0 | $0 | - |
| 2012 | 2 | 14 | $4,748,653 | $716,714 | $51,194iApproximate average salary by contribution assumption: employee only about $1,279,846 at 4% or $853,231 at 6%; with 50% employer match about $853,231 at 4% or $568,821 at 6%; with 100% employer match about $639,923 at 4% or $426,615 at 6%. |
| NEXT COMMUNICATIONS, INC. CASH BALANCE PLAN | - | 13 | $2,487,755 | $550,000 | $42,308iApproximate average salary by contribution assumption: employee only about $1,057,692 at 4% or $705,128 at 6%; with 50% employer match about $705,128 at 4% or $470,085 at 6%; with 100% employer match about $528,846 at 4% or $352,564 at 6%. |
| Next Communications Inc. Profit Sharing Plan | - | 14 | $2,260,898 | $166,714 | $11,908iApproximate average salary by contribution assumption: employee only about $297,704 at 4% or $198,469 at 6%; with 50% employer match about $198,469 at 4% or $132,313 at 6%; with 100% employer match about $148,852 at 4% or $99,235 at 6%. |
| 2011 | 2 | 16 | $3,788,113 | $373,903 | $23,369iApproximate average salary by contribution assumption: employee only about $584,223 at 4% or $389,482 at 6%; with 50% employer match about $389,482 at 4% or $259,655 at 6%; with 100% employer match about $292,112 at 4% or $194,741 at 6%. |
| Next Communications Inc. Profit Sharing Plan | - | 16 | $2,012,039 | $178,469 | $11,154iApproximate average salary by contribution assumption: employee only about $278,858 at 4% or $185,905 at 6%; with 50% employer match about $185,905 at 4% or $123,937 at 6%; with 100% employer match about $139,429 at 4% or $92,953 at 6%. |
| NEXT COMMUNICATIONS, INC. CASH BALANCE PLAN | - | 15 | $1,776,074 | $195,434 | $13,029iApproximate average salary by contribution assumption: employee only about $325,723 at 4% or $217,149 at 6%; with 50% employer match about $217,149 at 4% or $144,766 at 6%; with 100% employer match about $162,862 at 4% or $108,574 at 6%. |
| 2010 | 2 | 19 | $3,638,450 | $173,748 | $9,145iApproximate average salary by contribution assumption: employee only about $228,616 at 4% or $152,411 at 6%; with 50% employer match about $152,411 at 4% or $101,607 at 6%; with 100% employer match about $114,308 at 4% or $76,205 at 6%. |
| Next Communications Inc. Profit Sharing Plan | - | 19 | $1,996,226 | $173,748 | $9,145iApproximate average salary by contribution assumption: employee only about $228,616 at 4% or $152,411 at 6%; with 50% employer match about $152,411 at 4% or $101,607 at 6%; with 100% employer match about $114,308 at 4% or $76,205 at 6%. |
| NEXT COMMUNICATIONS, INC. CASH BALANCE PLAN | - | 16 | $1,642,224 | $0 | - |
| 2009 | 2 | 17 | $3,145,239 | $325,125 | $19,125iApproximate average salary by contribution assumption: employee only about $478,125 at 4% or $318,750 at 6%; with 50% employer match about $318,750 at 4% or $212,500 at 6%; with 100% employer match about $239,063 at 4% or $159,375 at 6%. |
| Next Communications Inc. Profit Sharing Plan | - | 17 | $1,666,293 | $111,676 | $6,569iApproximate average salary by contribution assumption: employee only about $164,229 at 4% or $109,486 at 6%; with 50% employer match about $109,486 at 4% or $72,991 at 6%; with 100% employer match about $82,115 at 4% or $54,743 at 6%. |
| NEXT COMMUNICATIONS, INC. CASH BALANCE PLAN | - | 14 | $1,478,946 | $213,449 | $15,246iApproximate average salary by contribution assumption: employee only about $381,159 at 4% or $254,106 at 6%; with 50% employer match about $254,106 at 4% or $169,404 at 6%; with 100% employer match about $190,579 at 4% or $127,053 at 6%. |
| 2008 | 2 | 12 | $2,299,716 | $443,004 | $36,917iApproximate average salary by contribution assumption: employee only about $922,925 at 4% or $615,283 at 6%; with 50% employer match about $615,283 at 4% or $410,189 at 6%; with 100% employer match about $461,463 at 4% or $307,642 at 6%. |
| Next Communications Inc. Profit Sharing Plan | - | 12 | $1,253,268 | $165,857 | $13,821iApproximate average salary by contribution assumption: employee only about $345,535 at 4% or $230,357 at 6%; with 50% employer match about $230,357 at 4% or $153,571 at 6%; with 100% employer match about $172,768 at 4% or $115,178 at 6%. |
| NEXT COMMUNICATIONS, INC. CASH BALANCE PLAN | - | 12 | $1,046,448 | $277,147 | $23,096iApproximate average salary by contribution assumption: employee only about $577,390 at 4% or $384,926 at 6%; with 50% employer match about $384,926 at 4% or $256,618 at 6%; with 100% employer match about $288,695 at 4% or $192,463 at 6%. |
| 2007 | 2 | 10 | $0 | $0 | - |
| Next Communications Inc. Profit Sharing Plan | - | 10 | - | - | - |
| NEXT COMMUNICATIONS, INC. CASH BALANCE PLAN | - | 10 | - | - | - |
| 2006 | 2 | 12 | $2,451,446 | $248,810 | $20,734iApproximate average salary by contribution assumption: employee only about $518,354 at 4% or $345,569 at 6%; with 50% employer match about $345,569 at 4% or $230,380 at 6%; with 100% employer match about $259,177 at 4% or $172,785 at 6%. |
| Next Communications Inc. Profit Sharing Plan | - | 12 | $1,586,714 | $156,810 | $13,068iApproximate average salary by contribution assumption: employee only about $326,688 at 4% or $217,792 at 6%; with 50% employer match about $217,792 at 4% or $145,194 at 6%; with 100% employer match about $163,344 at 4% or $108,896 at 6%. |
| NEXT COMMUNICATIONS, INC. CASH BALANCE PLAN | - | 12 | $864,732 | $92,000 | $7,667iApproximate average salary by contribution assumption: employee only about $191,667 at 4% or $127,778 at 6%; with 50% employer match about $127,778 at 4% or $85,185 at 6%; with 100% employer match about $95,833 at 4% or $63,889 at 6%. |
| 2005 | 2 | 11 | $2,067,795 | $236,737 | $21,522iApproximate average salary by contribution assumption: employee only about $538,039 at 4% or $358,692 at 6%; with 50% employer match about $358,692 at 4% or $239,128 at 6%; with 100% employer match about $269,019 at 4% or $179,346 at 6%. |
| Next Communications Inc. Profit Sharing Plan | - | 10 | $1,375,710 | $144,737 | $14,474iApproximate average salary by contribution assumption: employee only about $361,843 at 4% or $241,228 at 6%; with 50% employer match about $241,228 at 4% or $160,819 at 6%; with 100% employer match about $180,921 at 4% or $120,614 at 6%. |
| NEXT COMMUNICATIONS, INC. CASH BALANCE PLAN | - | 11 | $692,085 | $92,000 | $8,364iApproximate average salary by contribution assumption: employee only about $209,091 at 4% or $139,394 at 6%; with 50% employer match about $139,394 at 4% or $92,929 at 6%; with 100% employer match about $104,545 at 4% or $69,697 at 6%. |
| 2004 | 2 | 13 | $1,765,738 | $263,291 | $20,253iApproximate average salary by contribution assumption: employee only about $506,329 at 4% or $337,553 at 6%; with 50% employer match about $337,553 at 4% or $225,035 at 6%; with 100% employer match about $253,164 at 4% or $168,776 at 6%. |
| Next Communications Inc. Profit Sharing Plan | - | 13 | $1,194,880 | $171,291 | $13,176iApproximate average salary by contribution assumption: employee only about $329,406 at 4% or $219,604 at 6%; with 50% employer match about $219,604 at 4% or $146,403 at 6%; with 100% employer match about $164,703 at 4% or $109,802 at 6%. |
| NEXT COMMUNICATIONS, INC. CASH BALANCE PLAN | - | 13 | $570,858 | $92,000 | $7,077iApproximate average salary by contribution assumption: employee only about $176,923 at 4% or $117,949 at 6%; with 50% employer match about $117,949 at 4% or $78,632 at 6%; with 100% employer match about $88,462 at 4% or $58,974 at 6%. |
| 2003 | 2 | 16 | $1,386,210 | $251,839 | $15,740iApproximate average salary by contribution assumption: employee only about $393,498 at 4% or $262,332 at 6%; with 50% employer match about $262,332 at 4% or $174,888 at 6%; with 100% employer match about $196,749 at 4% or $131,166 at 6%. |
| Next Communications Inc. Profit Sharing Plan | - | 15 | $951,371 | $156,746 | $10,450iApproximate average salary by contribution assumption: employee only about $261,243 at 4% or $174,162 at 6%; with 50% employer match about $174,162 at 4% or $116,108 at 6%; with 100% employer match about $130,622 at 4% or $87,081 at 6%. |
| NEXT COMMUNICATIONS, INC. CASH BALANCE PLAN | - | 16 | $434,839 | $95,093 | $5,943iApproximate average salary by contribution assumption: employee only about $148,583 at 4% or $99,055 at 6%; with 50% employer match about $99,055 at 4% or $66,037 at 6%; with 100% employer match about $74,291 at 4% or $49,528 at 6%. |
| 2002 | 2 | 15 | $913,184 | $182,347 | $12,156iApproximate average salary by contribution assumption: employee only about $303,912 at 4% or $202,608 at 6%; with 50% employer match about $202,608 at 4% or $135,072 at 6%; with 100% employer match about $151,956 at 4% or $101,304 at 6%. |
| Next Communications Inc. Profit Sharing Plan | - | 15 | $639,789 | $81,777 | $5,452iApproximate average salary by contribution assumption: employee only about $136,295 at 4% or $90,863 at 6%; with 50% employer match about $90,863 at 4% or $60,576 at 6%; with 100% employer match about $68,148 at 4% or $45,432 at 6%. |
| NEXT COMMUNICATIONS, INC. CASH BALANCE PLAN | - | 15 | $273,395 | $100,570 | $6,705iApproximate average salary by contribution assumption: employee only about $167,617 at 4% or $111,744 at 6%; with 50% employer match about $111,744 at 4% or $74,496 at 6%; with 100% employer match about $83,808 at 4% or $55,872 at 6%. |
| 2001 | 2 | 14 | $0 | $0 | - |
| Next Communications Inc. Profit Sharing Plan | - | 14 | - | - | - |
| NEXT COMMUNICATIONS, INC. CASH BALANCE PLAN | - | 14 | - | - | - |
| 2000 | 2 | 14 | $689,129 | $212,655 | $15,190iApproximate average salary by contribution assumption: employee only about $379,741 at 4% or $253,161 at 6%; with 50% employer match about $253,161 at 4% or $168,774 at 6%; with 100% employer match about $189,871 at 4% or $126,580 at 6%. |
| Next Communications Inc. Profit Sharing Plan | - | 14 | $592,302 | $115,828 | $8,273iApproximate average salary by contribution assumption: employee only about $206,836 at 4% or $137,890 at 6%; with 50% employer match about $137,890 at 4% or $91,927 at 6%; with 100% employer match about $103,418 at 4% or $68,945 at 6%. |
| NEXT COMMUNICATIONS, INC. CASH BALANCE PLAN | - | 14 | $96,827 | $96,827 | $6,916iApproximate average salary by contribution assumption: employee only about $172,905 at 4% or $115,270 at 6%; with 50% employer match about $115,270 at 4% or $76,847 at 6%; with 100% employer match about $86,453 at 4% or $57,635 at 6%. |
| 1999 | 1 | 13 | $530,344 | $89,183 | $6,860iApproximate average salary by contribution assumption: employee only about $171,506 at 4% or $114,337 at 6%; with 50% employer match about $114,337 at 4% or $76,225 at 6%; with 100% employer match about $85,753 at 4% or $57,169 at 6%. |
| Next Communications Inc. Profit Sharing Plan | - | 13 | $530,344 | $89,183 | $6,860iApproximate average salary by contribution assumption: employee only about $171,506 at 4% or $114,337 at 6%; with 50% employer match about $114,337 at 4% or $76,225 at 6%; with 100% employer match about $85,753 at 4% or $57,169 at 6%. |