401(k) · DOL Form 5500 · 2022

Nextsource, Inc. 401(k) Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
2,664
Participants Above avg headcount
75th
Percentile by assets National rank
$6,482
Avg per participant Low balance/head
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Official DOL plan name: Nextsource, Inc. 401(k) Profit Sharing Plan & Trust · Sponsored by Nextsource, Inc. · Tennessee · Administrative & Support Services

$17M in assets, 2,664 participants

Nextsource, Inc.'s Nextsource, Inc. 401(k) Profit Sharing Plan & Trust reported $17M in total assets and 2,664 participants in its 2022 DOL Form 5500 filing, ranking in the 75th 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.

  • #4,351 in Administrative & Support Services (4,927 peers)

Coverage in Tennessee

Nextsource, Inc. 401(k) Profit Sharing Plan & Trust covers 2,664 participants in Tennessee, 2.4x the typical Tennessee plan (state average ~1,126 per filing). Assets: $17M.

#4,351
in Administrative & Support Services (4,927 peers)
-10.4%
assets change YoY
0.2×
vs typical plan assets (national mean)

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.

Nextsource, Inc. 401(k) Profit Sharing Plan & Trust's outsized position by total assets

Nextsource, Inc. 401(k) Profit Sharing Plan & Trust vs every filed plan by assets

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

$17,267,931 Top 25% higher than 75% 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

Nextsource, Inc. 401(k) Profit Sharing Plan & Trust's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nextsource, Inc. 401(k) Profit Sharing Plan & Trust lands in the large band (2,664 participants).

DOL schedule card

Filing strip 134045800 · Nextsource, Inc. PY 2022 · 401(k)

Nextsource, Inc. 401(k) Profit Sharing Plan & Trust · $17M · 2,664 · 75th

  • IND $17M
  • EOY 2,664
  • 5500 75th
  • ASSETS 401(k)
  • PCT near Hornets Basketball, LLC 401(k) Plan
  • EIN ind #4351

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 Administrative & Support Services retirement plans → · Plans in Tennessee →

Nextsource, Inc. 401(k) Profit Sharing Plan & Trust in the asset neighbourhood

Nextsource, Inc. 401(k) Profit Sharing Plan & TrustNextsource, Inc. 401(k) Prof…$17MHornets Basketball, LLC 401(k) PlanHornets Basketball, LLC 401(…$17MPotomac Corporation Profit Sharing and 401(k) PlanPotomac Corporation Profit S…$17MPeterson American 401(k) Savings PlanPeterson American 401(k) Sav…$17MBroadbent and Associates, Inc. 401(k) Profit Sharing PlanBroadbent and Associates, In…$17M
End-of-year total assets ($M) among Nextsource, Inc. 401(k) Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Tennessee filing particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$17M
Net Income-$2M
Employer EIN134045800
Plan Effective Date2001-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nextsource, Inc.)

Sponsor-wide plan assets over time

All Nextsource, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$27M 58.091904583125796% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $17.3M $27.3M ▲ +58.1%
Year Plans Participants Total Assets
2022 1 2,664 $17M
2023 1 3,579 $22M
2024 1 4,317 $27M

Nearby 401(k) Plans in Tennessee

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

Nextsource, Inc. 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants Nextsource, Inc. 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.017267931 · Participants: 2664Nextsource, Inc. 401(k) Profit Sharing Plan & TrustFedex Corporation Retirement Savings Plan, Total assets ($B): 21.031401128 · Participants: 220835Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 18.669830548 · Participants: 280576Hca 401(k) PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.178827147 · Participants: 11839International Paper Company Salaried Savings PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 4.035859621 · Participants: 5305Federal Express Corporation Pilots Retirement Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.015461486 · Participants: 62485Chs/Community Health Systems, Inc. Retirement Savings Plan
Nextsource, Inc. 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Tennessee, assets vs. participants

Nextsource, Inc. 401(k) Profit Sharing Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is Hornets Basketball, LLC 401(k) Plan in NC ($17M); by covered participants it is Spx Retirement Savings and Stock Ownership Plan in NC (2,664 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,664 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 Nextsource, Inc. 401(k) Profit Sharing Plan & Trust assets move in 2022?
Nextsource, Inc. 401(k) Profit Sharing Plan & Trust pulled back noticeably - down 10.4% during 2022, from $19M to $17M. Reported net income was -$2M.
How have Nextsource, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Nextsource, Inc.'s sponsor-wide assets grew 58.1%, from $17M to $27M.
Where does Nextsource, Inc. 401(k) Profit Sharing Plan & Trust rank by assets among Form 5500 filers?
Nextsource, Inc. 401(k) Profit Sharing Plan & Trust ranks in the 75th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Nextsource, Inc. 401(k) Profit Sharing Plan & Trust?
Among 401(k) plans in other states, the closest by assets is Hornets Basketball, LLC 401(k) Plan in NC ($17M, 239 participants).
Which 401(k) plans cover a similar participant headcount to Nextsource, Inc. 401(k) Profit Sharing Plan & Trust?
Among 401(k) plans in other states, the closest by covered participants is Spx Retirement Savings and Stock Ownership Plan in NC (2,664 participants, $687M in assets).