401(k) · DOL Form 5500 · 2022
Nexen Group Inc. 401(k) Plan
Data updated 2026-08-25
- $44M
- Total assets Below avg plan size
- 102
- Participants Small participant base
- 87th
- Percentile by assets National rank
- $430,410
- Avg per participant High balance/head
Official DOL plan name: Nexen Group Inc. Retirement Savings Plan · Sponsored by Nexen Group Inc. · Minnesota · Manufacturing
$44M in assets, 102 participants
Nexen Group Inc.'s Nexen Group Inc. Retirement Savings Plan reported $44M in total assets and 102 participants in its 2022 DOL Form 5500 filing, ranking in the 87th 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.
- #16,649 in Manufacturing (20,602 peers)
Coverage in Minnesota
Nexen Group Inc. Retirement Savings Plan covers 102 participants in Minnesota, about 9% of the average Minnesota filer (state average ~1,126 per filing). Assets: $44M.
- #16,649
- in Manufacturing (20,602 peers)
- -20.5%
- assets change YoY
- 0.4×
- vs typical plan assets (national mean)
The plan reported a net loss of $11M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Nexen Group Inc. Retirement Savings Plan's outsized position by total assets
Nexen Group Inc. Retirement Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$43,901,823 Top 13% higher than 87% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Nexen Group Inc. Retirement Savings 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. Nexen Group Inc. Retirement Savings Plan sits mid-pack in the medium band (102 participants).
Plan-year Form 5500 strip
Filing strip 411669760 · Nexen Group Inc. PY 2022 · 401(k)
Nexen Group Inc. Retirement Savings Plan · $44M · 102 · 87th
- EIN $44M
- RANK 102
- PHOTO 87th
- IND 401(k)
- EOY near Clasen Quality Chocolate 401(k) Plan
- 5500 ind #16649
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 Manufacturing retirement plans → · Plans in Minnesota →
Nexen Group Inc. Retirement Savings Plan in the asset neighbourhood
Minnesota filing particulars
| Total Assets (Beginning of Year) | $55M |
|---|---|
| Net Assets (End of Year) | $44M |
| Net Income | -$11M |
| Employer EIN | 411669760 |
| Plan Effective Date | 1999-06-25 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Nexen Group Inc.)
Sponsor-wide plan assets over time
All Nexen Group Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $57M 29.47531130996542% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 102 | $44M |
| 2023 | 1 | 108 | $52M |
| 2024 | 1 | 110 | $57M |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Unitedhealth Group 401(k) Savings Plan $18.6B · 176,886
- Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan) $12.2B · 38,825
- Target Corporation 401(k) Plan $11.2B · 400,422
- 3M Voluntary Investment Plan and Employee Stock Ownership Plan $11.1B · 37,159
- U.S. Bank 401(k) Savings Plan $8.3B · 67,646
Nexen Group Inc. Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Minnesota, the nearest 401(k) by assets is Clasen Quality Chocolate 401(k) Plan in WI ($44M); by covered participants it is First Choice Bank 401(k) Profit Sharing Plan in CA (102 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($44M here).
- Clasen Quality Chocolate 401(k) Plan (WI) $44M · 496
- Tuv Rheinland 401(k) Profit Sharing Plan (MA) $44M · 409
- Hibbett, Inc. 401(k) Profit Sharing Plan (AL) $44M · 5,379
- Keystone Powdered Metal Company Retirement Plan Fo (PA) $44M · 376
Similar participant headcount
Nearest other-state filings by covered participants (102 participants); asset peers above are excluded.
- First Choice Bank 401(k) Profit Sharing Plan (CA) 102 · 0 off
- Develey USA 401(k) Plan (TN) 102 · 0 off
- Kahuku Medical Center 401(k) Plan (HI) 102 · 0 off
- Subzero Constructors, Inc. Employee Savings Plan (CA) 102 · 0 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.