401(k) · DOL Form 5500 · 2023
Nextgen Federal System, LLC 401(k) Plan
Data updated 2026-08-25
- $6M
- Total assets Small plan by assets
- 127
- Participants Small participant base
- 47th
- Percentile by assets National rank
- $46,150
- Avg per participant Low balance/head
Official DOL plan name: Nextgen 401(k) Plan · Sponsored by Nextgen Federal System, LLC · West Virginia · Other Services
$6M in assets, 127 participants
Nextgen Federal System, LLC's Nextgen 401(k) Plan reported $6M in total assets and 127 participants in its 2023 DOL Form 5500 filing, ranking in the 47th 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.
- #5,354 in Other Services (7,857 peers)
Coverage in West Virginia
Nextgen 401(k) Plan covers 127 participants in West Virginia, about 27% of the average West Virginia filer (state average ~467 per filing). Assets: $6M.
- #5,354
- in Other Services (7,857 peers)
- +207.7%
- assets growth YoY
Nextgen 401(k) Plan's mid-pack asset rank among Other Services and all filers
Nextgen 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$5,861,109 47th percentile higher than 47% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Nextgen 401(k) Plan among mid-size filed plans by headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nextgen 401(k) Plan sits mid-pack in the medium band (127 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Nextgen 401(k) Plan reported net income rose from -$622K in the plan year 2022 filing to $4M in the plan year 2023 filing.
- Nextgen 401(k) Plan end-of-year assets fell from $8M in the plan year 2022 filing to $6M in the plan year 2023 filing.
- Nextgen 401(k) Plan reported participants fell from 160 in the plan year 2022 filing to 127 in the plan year 2023 filing.
Plan-year Form 5500 strip
Filing strip 273938367 · Nextgen Federal System, LLC PY 2023 · 401(k)
Nextgen 401(k) Plan · $6M · 127 · 47th
- BOY $6M
- BOY 127
- BOY 47th
- BOY 401(k)
- BOY near 403(b) Thrift Plan for Employees of Koinonia Homes, Inc.
- BOY ind #5354
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 Other Services retirement plans → · Plans in West Virginia →
Nextgen 401(k) Plan in the asset neighbourhood
West Virginia filing particulars
| Total Assets (Beginning of Year) | $2M |
|---|---|
| Net Assets (End of Year) | $6M |
| Net Income | $4M |
| Employer EIN | 273938367 |
| Plan Effective Date | 2013-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Nextgen Federal System, LLC)
Sponsor-wide plan assets over time
All Nextgen Federal System, LLC plans reported in each filing year
- Latest sponsor-wide plan assets
- $18M 130.61294297070526% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 160 | $8M |
| 2023 | 2 | 321 | $18M |
| 2024 | 1 | 255 | $18M |
Nearby 401(k) Plans in West Virginia
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Orrick, Herrington & Sutcliffe LLP Retirement Plan $1.1B · 1,878
- Camc Health System Basic Retirement Plan $719M · N/A
- American Public Education Retirement Plan $259M · 5,728
- West Virginia University Health System 401(k) Plan $255M · 2,525
- United Bankshares, Inc. Savings and Stock Investment Plan $228M · 2,740
Nextgen 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside West Virginia, the nearest 401(k) by assets is 403(b) Thrift Plan for Employees of Koinonia Homes, Inc. in OH ($6M); by covered participants it is San Pedro Fish Markets 401(k) Profit Sharing Plan & Trust in CA (127 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($6M here).
Similar participant headcount
Nearest other-state filings by covered participants (127 participants); asset peers above are excluded.
- San Pedro Fish Markets 401(k) Profit Sharing Plan & Trust (CA) 127 · 0 off
- Coal City Cob Company & Dfw Tank Cleaning 401(k) Plan (TX) 127 · 0 off
- Haddad Dodge Kia 401(k) Plan (CA) 127 · 0 off
- International Motor Freight, Inc. 401(k) Plan (NJ) 127 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.