401(k) · DOL Form 5500 · 2023

Nextsource, Inc. 401(k) Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
3,579
Participants Above avg headcount
74th
Percentile by assets National rank
$6,115
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

$22M in assets, 3,579 participants

Nextsource, Inc.'s Nextsource, Inc. 401(k) Profit Sharing Plan & Trust reported $22M in total assets and 3,579 participants in its 2023 DOL Form 5500 filing, ranking in the 74th 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.

  • #3,796 in Administrative & Support Services (4,372 peers)

Coverage in Tennessee

Nextsource, Inc. 401(k) Profit Sharing Plan & Trust covers 3,579 participants in Tennessee, 3.2x the typical Tennessee plan (state average ~1,126 per filing). Assets: $22M.

#3,796
in Administrative & Support Services (4,372 peers)
+26.7%
assets growth YoY

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 2023 · DOL Form 5500

$21,885,578 Top 26% higher than 74% of 127,068 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 2023

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

Plan-year 2023 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 (3,579 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Nextsource, Inc. 401(k) Profit Sharing Plan & Trust reported net income rose from -$2M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Nextsource, Inc. 401(k) Profit Sharing Plan & Trust reported participants rose from 2,664 in the plan year 2022 filing to 3,579 in the plan year 2023 filing.
  • Nextsource, Inc. 401(k) Profit Sharing Plan & Trust end-of-year assets rose from $17M in the plan year 2022 filing to $22M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 134045800 · Nextsource, Inc. PY 2023 · 401(k)

Nextsource, Inc. 401(k) Profit Sharing Plan & Trust · $22M · 3,579 · 74th

  • EIN $22M
  • RANK 3,579
  • PHOTO 74th
  • IND 401(k)
  • EOY near Highland Associates, Ltd 401(k) Plan
  • 5500 ind #3796

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…$22MHighland Associates, Ltd 401(k) PlanHighland Associates, Ltd 401…$22MFritz Industries, Inc. 401(k) Retirement PlanFritz Industries, Inc. 401(k…$22MCorboy & Demetrio P.C. Savings and Profit Sharing Plan & TrustCorboy & Demetrio P.C. Savin…$22MPivot Bio 401(k) P/S Plan$22M
End-of-year total assets ($M) among Nextsource, Inc. 401(k) Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Tennessee filing particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$22M
Net Income$5M
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. -1000000100000200000300000400000 -100102030 Total assets ($B) Participants Nextsource, Inc. 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.021885578 · Participants: 3579Nextsource, Inc. 401(k) Profit Sharing Plan & TrustFedex Corporation Retirement Savings Plan, Total assets ($B): 23.88081991 · Participants: 127010Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 21.53517366 · Participants: 291649Hca 401(k) PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 4.743557391 · Participants: 5728Federal Express Corporation Pilots Retirement Savings PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.621886139 · Participants: 12153International Paper Company Salaried Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.517708174 · Participants: 62487Chs/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 Highland Associates, Ltd 401(k) Plan in PA ($22M); by covered participants it is Marcum LLP 401(k) Plan in NY (3,578 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3,579 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. 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 2023?
Nextsource, Inc. 401(k) Profit Sharing Plan & Trust grew sharply - up 26.7% during 2023, from $17M to $22M. Reported net income was $5M.
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.
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 Highland Associates, Ltd 401(k) Plan in PA ($22M, 120 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 Marcum LLP 401(k) Plan in NY (3,578 participants, $558M in assets).