401(k)
2022 plan-year 401(k) DOL Form 5500

Nextier Retirement Savings Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Nextier Bank, N.a. · Pennsylvania · Finance & Insurance

What the 2023 filing shows

Nextier Retirement Savings Plan holds $16M for 281 participants — about $56,361 per participant, down 12.9% over the 2022 plan year.

$16M
total plan assets (2022 EOY)
281
covered participants
$56,361
avg assets per participant
-12.9%
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.

Total Assets (2023)
$16M
Participants
281
State
Industry
Finance & Insurance

What the Filing Says About Nextier Retirement Savings Plan

Nextier Retirement Savings Plan is a 401(k) retirement plan sponsored by Nextier Bank, N.a., headquartered in Pennsylvania. As of the 2022 Form 5500 filing, the plan reports $16M in total end-of-year assets and covers 281 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 250660700, and the plan has been effective since 1980-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $18M at the beginning of 2022 to $16M at year-end — a decline of 12.9%. Net assets (after liabilities) closed the year at $16M, with reported net income of $-2,348,791 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$18M
Total Assets (End of Year)$16M
Net Assets (End of Year)$16M
Net Income$-2,348,791
Plan Type401(k)
Employer EIN250660700
Plan Effective Date1980-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nextier Bank, N.a.)

Year Plans Participants Total Assets
2022 2 312 $28M
2023 2 313 $23M
2024 1 284 $27M

Nearby 401(k) Plans in Pennsylvania

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

Frequently Asked Questions

How much money is in the Nextier Retirement Savings Plan?
As of the 2022 Form 5500 filing, Nextier Retirement Savings Plan holds $16M in total assets with 281 participants. It is sponsored by Nextier Bank, N.a..
What type of plan is Nextier Retirement Savings Plan?
Nextier Retirement Savings Plan is a 401(k) plan. It has been effective since 1980-01-01. The plan is filed with the U.S. Department of Labor under EIN 250660700.
Who sponsors the Nextier Retirement Savings Plan?
Nextier Retirement Savings Plan is sponsored by Nextier Bank, N.a., located in Pennsylvania. The sponsor's EIN is 250660700 and the plan operates in the Finance & Insurance industry.
How did Nextier Retirement Savings Plan perform in 2022?
Nextier Retirement Savings Plan declined by 12.9% during 2022, moving from $18M to $16M in total assets. Net income was $-2,348,791.
Where can I find official filings for Nextier Retirement Savings Plan?
Official Form 5500 filings for Nextier Retirement Savings Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 250660700 or plan name at efast.dol.gov.
How does Nextier Retirement Savings Plan compare to other plans?
You can compare Nextier Retirement Savings Plan against other 401(k) plans on the plan type page, or view plans in Pennsylvania on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 250660700.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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