401(k) · DOL Form 5500 · 2023

Nexstar Media Group, Inc. 401(k) Plan

Data updated 2026-08-11

$1.8B
Total assets
12,438
Participants
99th
Percentile by assets
$148,403
Avg per participant
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Official DOL plan name: Nexstar Media Group, Inc. 401(k) Plan · Sponsored by Nexstar Media Group, Inc. · Texas · Information & Media

$1.8B in assets, 12,438 participants

Nexstar Media Group, Inc.'s Nexstar Media Group, Inc. 401(k) Plan reported $1.8B in total assets and 12,438 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 127,072 plans)
  • #2,770 in Information & Media (2,818 peers)

Coverage in Texas

Nexstar Media Group, Inc. 401(k) Plan covers 12,438 participants in Texas, 18x the typical Texas plan (state average ~688 per filing). Assets: $1.8B.

$1.8B
total plan assets (2023 EOY)
12,438
covered participants
99th
percentile by assets (of 127,072 plans)
$148,403
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Nexstar Media Group, Inc. 401(k) Plan reported net income rose from -$218M in the plan year 2022 filing to $163M in the plan year 2023 filing.
  • Nexstar Media Group, Inc. 401(k) Plan end-of-year assets rose from $1.0B in the plan year 2022 filing to $1.8B in the plan year 2023 filing.
  • Nexstar Media Group, Inc. 401(k) Plan reported participants rose from 12,327 in the plan year 2022 filing to 12,438 in the plan year 2023 filing.

See the national 2023→2024 release diff →

State

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. Nexstar Media Group, Inc. 401(k) Plan reports 12,438 participants - 18x that state average ($1.8B EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$1.0B
Net Assets (End of Year)$1.8B
Net Income$163M
Employer EIN233083125
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nexstar Media Group, Inc.)

$0.5B$1B$1.5B$2B$2.5B 202220232024 $1.05B $2B ▲ +90.5%
Total plan assets by year, all Nexstar Media Group, Inc. plans on file
Year Plans Participants Total Assets
2022 1 12,327 $1.0B
2023 1 12,438 $1.8B
2024 1 12,806 $2.0B

Nearby 401(k) Plans in Texas

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

Nexstar Media Group, Inc. 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Nexstar Media Group, Inc. 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. 050000100000150000 -1001020304050 Total assets ($B) Participants Nexstar Media Group,…AT&T Retirement Savi…Exxonmobil Savings P…Caterpillar 401(k) S…American Airlines, I…Dell Inc. 401(k) Plan
Nexstar Media Group, Inc. 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Scale composition for Nexstar Media Group, Inc. 401(k) Plan

Nexstar Media Group, Inc. 401(k) Plan reports $1.8B in end-of-year assets across 12,438 participants (0.015% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 covered participants) - about $148,403 per participant (1.1x the national average assets-per-participant) . Net income for plan year 2023 was $163M.

This plan identity (EIN 233083125, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.0B to $2.0B (+91.2%) while covered participants moved from 12,327 to 12,806 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 12,327 $1.0B Open filing
2023 12,438 $1.8B This page
2024 · index core 12,806 $2.0B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Nexstar Media Group, Inc. 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Nexstar Media Group, Inc. 401(k) Plan assets move in 2023?
Nexstar Media Group, Inc. 401(k) Plan surged - up 76.5% during 2023, from $1.0B to $1.8B. Reported net income was $163M.
How have Nexstar Media Group, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Nexstar Media Group, Inc.'s sponsor-wide assets grew 91.2%, from $1.0B to $2.0B.
Where does Nexstar Media Group, Inc. 401(k) Plan rank by assets among Form 5500 filers?
Nexstar Media Group, Inc. 401(k) Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Nexstar Media Group, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Allegis Group, Inc. Retirement Savings Plan One in MD ($1.8B, 32,177 participants).

Next read for Nexstar Media Group, Inc. 401(k) Plan

Filing takeaways

Ways to act on Nexstar Media Group, Inc. 401(k) Plan's numbers.