Defined Benefit (Pension) · DOL Form 5500 · 2022

Nexstar Broadcasting, Inc. Pension Plan

Data updated 2026-08-25

$290M
Total assets Near avg plan size
493
Participants Below avg headcount
97th
Percentile by assets National rank
$587,251
Avg per participant High balance/head
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Official DOL plan name: Mg Advantage Retirement Plan · Sponsored by Nexstar Broadcasting, Inc. · Texas · Information & Media

$290M in assets, 493 participants

Nexstar Broadcasting, Inc.'s Mg Advantage Retirement Plan reported $290M in total assets and 493 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • #2,748 in Information & Media (2,911 peers)

Where Mg Advantage Retirement Plan sits by assets

Mg Advantage Retirement Plan sits in the top 5% of all filed plans by assets, $290M for 493 participants (~$587,251/participant), down 28.1% in 2022.

#2,748
in Information & Media (2,911 peers)
-28.1%
assets change YoY
2.9×
vs typical plan assets (national mean)

The plan reported a net loss of $113M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Mg Advantage Retirement Plan's outsized position by total assets

Mg Advantage Retirement Plan vs every filed plan by assets

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

$289,514,760 Top 3% higher than 97% 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

Mg Advantage 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. Mg Advantage Retirement Plan sits mid-pack in the medium band (493 participants).

EBSA filing schedule strip

Filing strip 233063152 · Nexstar Broadcasting, Inc. PY 2022 · Defined Benefit (Pension)

Mg Advantage Retirement Plan · $290M · 493 · 97th

  • EIN $290M
  • EIN 493
  • EIN 97th
  • EIN Defined Benefit (Pension)
  • EIN near The United Illuminating Company Pension Plan
  • EIN ind #2748

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 Information & Media retirement plans → · Plans in Texas →

Mg Advantage Retirement Plan in the asset neighbourhood

Diebold Nixdorf, Incorporated U.S. Pension PlanDiebold Nixdorf, Incorporate…$291MEmerson Process Management Power & Water Solutions, Inc. Pension PlanEmerson Process Management P…$290MThe United Illuminating Company Pension PlanThe United Illuminating Comp…$290MMg Advantage Retirement Plan$290MPennsylvania State Education Association Pension PlanPennsylvania State Education…$289M
End-of-year total assets ($M) among Mg Advantage Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$403M
Net Assets (End of Year)$289M
Net Income-$113M
Employer EIN233063152
Plan Effective Date1973-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nexstar Broadcasting, Inc.)

Sponsor-wide plan assets over time

All Nexstar Broadcasting, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$268M 7.2719694843882925% vs 2022
2024 filing year
$260M$270M$280M$290M$300M 202220232024 $290M $268M ▼ -7.3%
Year Plans Participants Total Assets
2022 1 493 $290M
2023 1 448 $289M
2024 1 421 $268M

Nearby Defined Benefit (Pension) Plans in Texas

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Mg Advantage Retirement Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Mg Advantage Retirement Plan, Total assets ($B): 0.28951476 · Participants: 493Mg Advantage Retirement PlanAT&T Pension Benefit Plan, Total assets ($B): 40.998144 · Participants: 119463AT&T Pension Benefit PlanShell Pension Plan, Total assets ($B): 14.642588618 · Participants: 12912Shell Pension PlanExxonmobil Pension Plan, Total assets ($B): 11.599 · Participants: 23661Exxonmobil Pension PlanCaterpillar Inc. Retirement Income Plan, Total assets ($B): 9.541187279 · Participants: 12815Caterpillar Inc. Retirement Income PlanBp Retirement Accumulation Plan, Total assets ($B): 5.371602289 · Participants: 9156Bp Retirement Accumulation Plan
Mg Advantage Retirement Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants
Compare Mg Advantage Retirement Plan side-by-side with 3 peers →

Mg Advantage Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Texas, the nearest Defined Benefit (Pension) by assets is The United Illuminating Company Pension Plan in CT ($290M); by covered participants it is Domtar US Salaried Pension Plan in (493 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (493 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 Mg Advantage Retirement Plan assets move in 2022? ▼
Mg Advantage Retirement Plan declined sharply - down 28.1% during 2022, from $403M to $290M. Reported net income was -$113M.
How have Nexstar Broadcasting, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nexstar Broadcasting, Inc.'s sponsor-wide assets declined 7.3%, from $290M to $268M.
Where does Mg Advantage Retirement Plan rank by assets among Form 5500 filers? ▼
Mg Advantage Retirement Plan ranks in the 97th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Mg Advantage Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is The United Illuminating Company Pension Plan in CT ($290M, 207 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Mg Advantage Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Domtar US Salaried Pension Plan in (493 participants, $100M 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 233063152.

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.