401(k) · DOL Form 5500 · 2022

Ares Holdings LLC 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
737
Participants Near avg headcount
68th
Percentile by assets National rank
$15,681
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Cms/Nextech 401(k) Plan · Sponsored by Ares Holdings LLC · Florida · Management of Enterprises

$12M in assets, 737 participants

Ares Holdings LLC's Cms/Nextech 401(k) Plan reported $12M in total assets and 737 participants in its 2022 DOL Form 5500 filing, ranking in the 68th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #555 in Management of Enterprises (1,193 peers)

Management of Enterprises sector rank

Within Management of Enterprises, Cms/Nextech 401(k) Plan ranks #555 of 1,193 2022 filers by assets (3076% of the sector average)-$12M for 737 participants.

#555
in Management of Enterprises (1,193 peers)
-15.0%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Cms/Nextech 401(k) Plan's outsized position by total assets

Cms/Nextech 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$11,556,581 Top 32% higher than 68% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Cms/Nextech 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Cms/Nextech 401(k) Plan sits mid-pack in the medium band (737 participants).

Plan-year Form 5500 strip

Filing strip 651162436 · Ares Holdings LLC PY 2022 · 401(k)

Cms/Nextech 401(k) Plan · $12M · 737 · 68th

  • EIN $12M
  • RANK 737
  • PHOTO 68th
  • IND 401(k)
  • EOY near Che & Affiliates 401(k) Plan
  • 5500 ind #555

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Management of Enterprises retirement plans → · Plans in Florida →

Cms/Nextech 401(k) Plan in the asset neighbourhood

Cms/Nextech 401(k) Plan$12MChe & Affiliates 401(k) Plan$12MMcgee Company 401(k) Profit Sharing PlanMcgee Company 401(k) Profit …$12MClean Water of New York, Inc. Savings & Investment 401(k) PlanClean Water of New York, Inc…$12MUniversal Paragon Corporation 401(k) PlanUniversal Paragon Corporatio…$12M
End-of-year total assets ($M) among Cms/Nextech 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Management of Enterprises filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$12M
Net Income-$2M
Employer EIN651162436
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ares Holdings LLC)

Sponsor-wide plan assets over time

All Ares Holdings LLC plans reported in each filing year

Latest sponsor-wide plan assets
$56M 388.4965285147917% vs 2022
2024 filing year
$0M$20M$40M$60M$80M 202220232024 $11.6M $56.5M ▲ +388.3%
Year Plans Participants Total Assets
2022 1 737 $12M
2023 1 1,042 $23M
2024 1 1,470 $56M

Nearby 401(k) Plans in Florida

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Cms/Nextech 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -5051015 Total assets ($B) Participants Cms/Nextech 401(k) Plan, Total assets ($B): 0.011556581 · Participants: 737Cms/Nextech 401(k) PlanL3harris Retirement Savings Plan, Total assets ($B): 12.863481581 · Participants: 41096L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pricewatercoopers LLP, Total assets ($B): 9.121428518 · Participants: 50354Savings Plan for Employees and Partners of Pricewatercoopers LLPAdp Totalsource Retirement Savings Plan, Total assets ($B): 6.687694478 · Participants: 287453Adp Totalsource Retirement Savings PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 6.05990007 · Participants: 176752Publix Super Markets, Inc. 401(k) Smart PlanNextera Energy, Inc. Employee Retirement Savings Plan, Total assets ($B): 5.44531949 · Participants: 14889Nextera Energy, Inc. Employee Retirement Savings Plan
Cms/Nextech 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants
Compare Cms/Nextech 401(k) Plan side-by-side with 3 peers →

Cms/Nextech 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Florida, the nearest 401(k) by assets is Che & Affiliates 401(k) Plan in NY ($12M); by covered participants it is Isec, Inc. 401(k) Savings Plan in CO (737 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (737 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Cms/Nextech 401(k) Plan assets move in 2022? ▼
Cms/Nextech 401(k) Plan declined sharply - down 15.0% during 2022, from $14M to $12M. Reported net income was -$2M.
How have Ares Holdings LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ares Holdings LLC's sponsor-wide assets grew 388.5%, from $12M to $56M.
Which 401(k) plans are similar in size to Cms/Nextech 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Che & Affiliates 401(k) Plan in NY ($12M, 684 participants).
Which 401(k) plans cover a similar participant headcount to Cms/Nextech 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Isec, Inc. 401(k) Savings Plan in CO (737 participants, $88M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 651162436.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.