Nexair, Llc 401(k) Plan: Login, Facts & Contact Information

Nexair, Llc 401(k) Plan Facts

Plan name
NEXAIR, LLC PROFIT SHARING AND 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
NEXAIR, LLC
Participants
1,022 (884 active employees)
Former employees with a balance
285
Plan assets
$164,001,468 at Jun 30, 2025
Average account balance
$142,983 across 1,147 accounts
Employer contributions
$5,027,238 in plan year 2024 (46% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jul 1, 2024 – Jun 30, 2025
Plan established
Jul 1, 1959
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments✓ Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jul 1, 2024 – Jun 30, 2025), filed Apr 6, 2026. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $11.0 million went into the plan in contributions, $5.03 million of it from the employer (46%).
  • $11.9 million was paid out to participants.
  • Investment and other income added $18.7 million.
  • Administrative expenses were $204,230, about $178 per account.

How the Nexair, Llc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019782$92.1 million$3.53 million$15.8 million
2020932$118.4 million$4.08 million$6.99 million
2021884$107.5 million$4.64 million$4.89 million
2022984$120.7 million$5.09 million$9.28 million
20231,008$136.3 million$4.97 million$11.8 million
20241,022$164.0 million$5.03 million$11.9 million

Nexair, Llc 401(k) Contact Information

Phone
901-396-5050
Mailing address
1350 CONCOURSE AVENUE SUITE 103, MEMPHIS TN 38104
Plan sponsor
NEXAIR, LLC
Employer identification number (EIN)
62-1636439
Plan number
001

Questions about the Nexair, Llc 401(k)

Does Nexair, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $5.03 million, 46% of all contributions.

Does the Nexair, Llc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Nexair, Llc 401(k) plan?

1,022 participants at the start of plan year 2024, 884 of them active employees, and 285 former employees who still had money in the plan.

What is the average 401(k) balance at Nexair, Llc?

About $142,983 per account: $164.0 million in plan assets across 1,147 accounts with a balance at the end of plan year 2024.

Who manages the Nexair, Llc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Nexair, Llc. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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