401(k) · DOL Form 5500 · 2024

Nexben, Inc. 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
47
Participants Small participant base
43rd
Percentile by assets National rank
$113,172
Avg per participant Below avg balance/head
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Official DOL plan name: Nexben, Inc. 401(k) Plan · Sponsored by Nexben, Inc. · Minnesota · Finance & Insurance

$5M in assets, 47 participants

Nexben, Inc.'s Nexben, Inc. 401(k) Plan reported $5M in total assets and 47 participants in its 2024 DOL Form 5500 filing, ranking in the 43rd 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.

  • #2,488 in Finance & Insurance (8,549 peers)

What the 2024 filing shows

Nexben, Inc. 401(k) Plan holds $5M for 47 participants - about $113,172 per participant, in the lower half of filed plans by assets.

#2,488
in Finance & Insurance (8,549 peers)
-4.7%
assets change YoY

The plan reported a net loss of $264K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Nexben, Inc. 401(k) Plan's mid-pack asset rank among Finance & Insurance and all filers

Nexben, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$5,319,104 43rd percentile higher than 43% of 123,620 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 2024

Nexben, Inc. 401(k) Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nexben, Inc. 401(k) Plan is a small filing (47 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Nexben, Inc. 401(k) Plan reported net income fell from $320K in the plan year 2023 filing to -$264K in the plan year 2024 filing.
  • Nexben, Inc. 401(k) Plan reported participants fell from 97 in the plan year 2023 filing to 47 in the plan year 2024 filing.
  • Nexben, Inc. 401(k) Plan end-of-year assets fell from $6M in the plan year 2023 filing to $5M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 474576070 · Nexben, Inc. PY 2024 · 401(k)

Nexben, Inc. 401(k) Plan · $5M · 47 · 43rd

  • SCH $5M
  • SCH 47
  • SCH 43rd
  • SCH 401(k)
  • SCH near Sycamore Services 401(k) Plan
  • SCH ind #2488

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 Finance & Insurance retirement plans → · Plans in Minnesota →

Nexben, Inc. 401(k) Plan in the asset neighbourhood

Nexben, Inc. 401(k) Plan$5MSycamore Services 401(k) Plan$5MDillard-Lewis, Inc. Dba Highland Express 401(k) PlanDillard-Lewis, Inc. Dba High…$5MPvp Advanced Eo Systems Inc 401(k) Profit Sharing Plan & TrustPvp Advanced Eo Systems Inc …$5MThermo King of Pittsburgh, Inc. 401(k) PlanThermo King of Pittsburgh, I…$5M
End-of-year total assets ($M) among Nexben, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Filing particulars (2024)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$5M
Net Income-$264K
Employer EIN474576070
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nexben, Inc.)

Sponsor-wide plan assets over time

All Nexben, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$5M 1.0728255468495405% vs 2022
2024 filing year
$5.2M$5.3M$5.4M$5.5M$5.6M$5.7M 202220232024 $5.26M $5.32M ▲ +1.1%
Year Plans Participants Total Assets
2022 1 32 $5M
2023 1 97 $6M
2024 1 47 $5M

Nearby 401(k) Plans in Minnesota

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

Nexben, Inc. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Nexben, Inc. 401(k) Plan, Total assets ($B): 0.005319104 · Participants: 47Nexben, Inc. 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Nexben, Inc. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Nexben, Inc. 401(k) Plan side-by-side with 3 peers →

Nexben, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Sycamore Services 401(k) Plan in IN ($5M); by covered participants it is Carl Marks & Co., Inc Retirement Savings Plan in NY (47 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (47 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Nexben, Inc. 401(k) Plan assets move in 2024? ▼
Nexben, Inc. 401(k) Plan edged down modestly - down 4.7% during 2024, from $6M to $5M. Reported net income was -$264K.
How have Nexben, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nexben, Inc.'s sponsor-wide assets grew 1.1%, from $5M to $5M.
Which 401(k) plans are similar in size to Nexben, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Sycamore Services 401(k) Plan in IN ($5M, 353 participants).
Which 401(k) plans cover a similar participant headcount to Nexben, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Carl Marks & Co., Inc Retirement Savings Plan in NY (47 participants, $35M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 474576070.

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.