401(k) · DOL Form 5500 · 2022

Mfg Solutions Inc Dba Nextern in 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
159
Participants Small participant base
54th
Percentile by assets National rank
$37,270
Avg per participant Low balance/head
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Official DOL plan name: Nextern Retirement Plan · Sponsored by Mfg Solutions Inc Dba Nextern in · Minnesota · Manufacturing

$6M in assets, 159 participants

Mfg Solutions Inc Dba Nextern in's Nextern Retirement Plan reported $6M in total assets and 159 participants in its 2022 DOL Form 5500 filing, ranking in the 54th 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.

  • #7,945 in Manufacturing (20,602 peers)

Coverage in Minnesota

Nextern Retirement Plan covers 159 participants in Minnesota, about 14% of the average Minnesota filer (state average ~1,126 per filing). Assets: $6M.

#7,945
in Manufacturing (20,602 peers)
+6.2%
assets growth YoY

Nextern Retirement Plan's mid-pack asset rank among Manufacturing and all filers

Nextern Retirement Plan vs every filed plan by assets

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

$5,925,977 Top 46% higher than 54% 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

Nextern Retirement 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. Nextern Retirement Plan sits mid-pack in the medium band (159 participants).

Form 5500 schedule snapshot

Filing strip 411998959 · Mfg Solutions Inc Dba Nextern in PY 2022 · 401(k)

Nextern Retirement Plan · $6M · 159 · 54th

  • EIN $6M
  • EIN 159
  • EIN 54th
  • EIN 401(k)
  • EIN near Community Financial Corp. Employee Stock Ownership and 401(k) Plan
  • EIN ind #7945

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 →

Nextern Retirement Plan in the asset neighbourhood

Nextern Retirement Plan$6MCommunity Financial Corp. Employee Stock Ownership and 401(k) PlanCommunity Financial Corp. Em…$6MCommonwealth Trading Partners 401(k) PlanCommonwealth Trading Partner…$6MLynnes Nissan City Inc. 401(k) Profit Sharing PlanLynnes Nissan City Inc. 401(…$6MH.D. Hudson Manufacturing Company Retirement Savings PlanH.D. Hudson Manufacturing Co…$6M
End-of-year total assets ($M) among Nextern Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$6M
Net Income$335K
Employer EIN411998959
Plan Effective Date2015-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mfg Solutions Inc Dba Nextern in)

Sponsor-wide plan assets over time

All Mfg Solutions Inc Dba Nextern in plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2024 filing year
$0M$5M$10M$15M 202220232024 $5.93M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 159 $6M
2023 1 168 $10M
2024 1 217 N/A

Nearby 401(k) Plans in Minnesota

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

Nextern Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Nextern Retirement Plan, Total assets ($B): 0.005925977 · Participants: 159Nextern Retirement PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 18.576379778 · Participants: 176886Unitedhealth Group 401(k) Savings PlanMedtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan), Total assets ($B): 12.198295 · Participants: 38825Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan)Target Corporation 401(k) Plan, Total assets ($B): 11.216824857 · Participants: 400422Target Corporation 401(k) Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 11.138527656 · Participants: 371593M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 8.266408521 · Participants: 67646U.S. Bank 401(k) Savings Plan
Nextern Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Nextern Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Community Financial Corp. Employee Stock Ownership and 401(k) Plan in IN ($6M); by covered participants it is Sms Transportation Services, Inc. 401(k) Profit Sharing Plan and Trust in CA (159 participants). Same-state nearby plans are listed separately above.

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 Nextern Retirement Plan assets move in 2022?
Nextern Retirement Plan grew at a solid clip - up 6.2% during 2022, from $6M to $6M. Reported net income was $335K.
Which 401(k) plans are similar in size to Nextern Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Community Financial Corp. Employee Stock Ownership and 401(k) Plan in IN ($6M, 57 participants).
Which 401(k) plans cover a similar participant headcount to Nextern Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Sms Transportation Services, Inc. 401(k) Profit Sharing Plan and Trust in CA (159 participants, $171K in assets).