Profit Sharing · DOL Form 5500 · 2024

Nexgen Financial Profit Sharing Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
5
Participants Small participant base
37th
Percentile by assets National rank
$762,431
Avg per participant High balance/head
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Official DOL plan name: Nexgen Financial Retirement Plan · Sponsored by Nexgen Financial · California · Finance & Insurance

$4M in assets, 5 participants

Nexgen Financial's Nexgen Financial Retirement Plan reported $4M in total assets and 5 participants in its 2024 DOL Form 5500 filing, ranking in the 37th 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.

  • #2,121 in Finance & Insurance (8,549 peers)

Nexgen Financial multi-year trail

Nexgen Financial's plans moved +43.8% in assets from 2022 to 2024; this filing shows Nexgen Financial Retirement Plan at $4M / 5 participants.

#2,121
in Finance & Insurance (8,549 peers)
+23.6%
assets growth YoY

Nexgen Financial Retirement Plan's mid-pack asset rank among Finance & Insurance and all filers

Nexgen Financial Retirement Plan vs every filed plan by assets

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

$3,812,155 37th percentile higher than 37% 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

Nexgen Financial Retirement Plan among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nexgen Financial Retirement Plan is a micro filing (5 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Nexgen Financial Retirement Plan reported net income rose from $432K in the plan year 2023 filing to $729K in the plan year 2024 filing.
  • Nexgen Financial Retirement Plan reported participants rose from 4 in the plan year 2023 filing to 5 in the plan year 2024 filing.
  • Nexgen Financial Retirement Plan end-of-year assets rose from $3M in the plan year 2023 filing to $4M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 815390626 · Nexgen Financial PY 2024 · Profit Sharing

Nexgen Financial Retirement Plan · $4M · 5 · 37th

  • 5500 $4M
  • 5500 5
  • 5500 37th
  • 5500 Profit Sharing
  • 5500 near Hargrove Electric Co., Inc. Profit Sharing Plan
  • 5500 ind #2121

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 California →

Nexgen Financial Retirement Plan in the asset neighbourhood

Kelsch Associates, Inc. (PA) Retirement PlanKelsch Associates, Inc. (PA)…$4M403(b) Thrift Plan of Southeastern Council on Alcoholism & Drug Dependence, Inc.403(b) Thrift Plan of Southe…$4MNexgen Financial Retirement PlanNexgen Financial Retirement …$4MHargrove Electric Co., Inc. Profit Sharing PlanHargrove Electric Co., Inc. …$4MRichard Evan Crandall, M.D. Pension PlanRichard Evan Crandall, M.D. …$4M
End-of-year total assets ($M) among Nexgen Financial Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Nexgen Financial multi-year asset trail

Sponsor-wide plan assets over time

All Nexgen Financial plans reported in each filing year

Latest sponsor-wide plan assets
$4M 43.77021686470724% vs 2022
2024 filing year
$2.5M$3M$3.5M$4M 202220232024 $2.65M $3.81M ▲ +43.8%
Year Plans Participants Total Assets
2022 1 3 $3M
2023 1 4 $3M
2024 1 5 $4M

Nexgen Financial filing trail (2024)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$4M
Net Income$729K
Employer EIN815390626
Plan Effective Date2017-02-13
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in California

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Nexgen Financial Retirement Plan vs. nearby Profit Sharing plans in California, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -20246810 Total assets ($B) Participants Nexgen Financial Retirement Plan, Total assets ($B): 0.003812155 · Participants: 5Nexgen Financial Retirement PlanScpmg Keogh Plan, Total assets ($B): 7.873239427 · Participants: 10749Scpmg Keogh PlanIntel Retirement Contribution Plan, Total assets ($B): 7.29473208 · Participants: 19044Intel Retirement Contribution PlanMotion Picture Industry Individual Account Plan, Total assets ($B): 6.232609737 · Participants: 67842Motion Picture Industry Individual Account PlanMemorialcare Retirement Plan, Total assets ($B): 1.429377 · Participants: 4491Memorialcare Retirement PlanDisney Retirement Savings Plan, Total assets ($B): 1.420512537 · Participants: 36338Disney Retirement Savings Plan
Nexgen Financial Retirement Plan vs. nearby Profit Sharing plans in California, assets vs. participants
Compare Nexgen Financial Retirement Plan side-by-side with 3 peers →

Nexgen Financial Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside California, the nearest Profit Sharing by assets is Hargrove Electric Co., Inc. Profit Sharing Plan in TX ($4M); by covered participants it is Rl Barron Holdings Inc. Retirement Plan in GA (5 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (5 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 Nexgen Financial Retirement Plan assets move in 2024? ▼
Nexgen Financial Retirement Plan grew sharply - up 23.6% during 2024, from $3M to $4M. Reported net income was $729K.
How have Nexgen Financial plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nexgen Financial's sponsor-wide assets grew 43.8%, from $3M to $4M.
Which Profit Sharing plans are similar in size to Nexgen Financial Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Hargrove Electric Co., Inc. Profit Sharing Plan in TX ($4M, 48 participants).
Which Profit Sharing plans cover a similar participant headcount to Nexgen Financial Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Rl Barron Holdings Inc. Retirement Plan in GA (5 participants, $735K 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 815390626.

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.