401(k) · DOL Form 5500 · 2024

Nexen Group Inc. 401(k) Plan

Data updated 2026-08-25

$57M
Total assets Below avg plan size
110
Participants Small participant base
86th
Percentile by assets National rank
$516,746
Avg per participant High balance/head
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Official DOL plan name: Nexen Group Inc. Retirement Savings Plan · Sponsored by Nexen Group Inc. · Minnesota · Manufacturing

$57M in assets, 110 participants

Nexen Group Inc.'s Nexen Group Inc. Retirement Savings Plan reported $57M in total assets and 110 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.

  • #14,111 in Manufacturing (17,777 peers)

Coverage in Minnesota

Nexen Group Inc. Retirement Savings Plan covers 110 participants in Minnesota, about 10% of the average Minnesota filer (state average ~1,126 per filing). Assets: $57M.

#14,111
in Manufacturing (17,777 peers)
+9.8%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Nexen Group Inc. Retirement Savings Plan's outsized position by total assets

Nexen Group Inc. Retirement Savings Plan vs every filed plan by assets

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

$56,842,022 Top 14% higher than 86% 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

Nexen Group Inc. Retirement Savings Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nexen Group Inc. Retirement Savings Plan sits mid-pack in the medium band (110 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Nexen Group Inc. Retirement Savings Plan reported net income fell from $8M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Nexen Group Inc. Retirement Savings Plan end-of-year assets rose from $52M in the plan year 2023 filing to $57M in the plan year 2024 filing.
  • Nexen Group Inc. Retirement Savings Plan reported participants rose from 108 in the plan year 2023 filing to 110 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 411669760 · Nexen Group Inc. PY 2024 · 401(k)

Nexen Group Inc. Retirement Savings Plan · $57M · 110 · 86th

  • PCT $57M
  • PCT 110
  • PCT 86th
  • PCT 401(k)
  • PCT near Cifc Asset Management LLC Retirement Plan
  • PCT ind #14111

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 Manufacturing retirement plans → · Plans in Minnesota →

Nexen Group Inc. Retirement Savings Plan in the asset neighbourhood

Larson Design Group, Inc. 401(k) PlanLarson Design Group, Inc. 40…$57MCifc Asset Management LLC Retirement PlanCifc Asset Management LLC Re…$57MNexen Group Inc. Retirement Savings PlanNexen Group Inc. Retirement …$57MBlueally Technology Solutions 401(k) PlanBlueally Technology Solution…$57MSimmons Perrine Moyer Bergman PLC 401(k) Profit Sharing Plan & TrustSimmons Perrine Moyer Bergma…$57M
End-of-year total assets ($M) among Nexen Group Inc. Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$52M
Net Assets (End of Year)$57M
Net Income$5M
Employer EIN411669760
Plan Effective Date1999-06-25
Filing StatusFILING RECEIVED

Sponsor Plan History (Nexen Group Inc.)

Sponsor-wide plan assets over time

All Nexen Group Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$57M 29.47531130996542% vs 2022
2024 filing year
$40M$45M$50M$55M$60M 202220232024 $43.9M $56.8M ▲ +29.5%
Year Plans Participants Total Assets
2022 1 102 $44M
2023 1 108 $52M
2024 1 110 $57M

Nearby 401(k) Plans in Minnesota

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

Nexen Group Inc. Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Nexen Group Inc. Retirement Savings Plan, Total assets ($B): 0.056842022 · Participants: 110Nexen Group Inc. Retirement Savings 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
Nexen Group Inc. Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Nexen Group Inc. Retirement Savings Plan side-by-side with 3 peers →

Nexen Group Inc. Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Cifc Asset Management LLC Retirement Plan in NY ($57M); by covered participants it is Baymeadows Animal Hospital LLC 401(k) Profit Sharing Plan & Trust in FL (110 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (110 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 Nexen Group Inc. Retirement Savings Plan assets move in 2024? ▼
Nexen Group Inc. Retirement Savings Plan grew at a solid clip - up 9.8% during 2024, from $52M to $57M. Reported net income was $5M.
How have Nexen Group Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nexen Group Inc.'s sponsor-wide assets grew 29.5%, from $44M to $57M.
Where does Nexen Group Inc. Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Nexen Group Inc. Retirement Savings Plan ranks in the 86th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Nexen Group Inc. Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Cifc Asset Management LLC Retirement Plan in NY ($57M, 198 participants).
Which 401(k) plans cover a similar participant headcount to Nexen Group Inc. Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Baymeadows Animal Hospital LLC 401(k) Profit Sharing Plan & Trust in FL (110 participants, N/A 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 411669760.

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.