401(k) · DOL Form 5500 · 2024

Nextek, Inc. 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
144
Participants Small participant base
58th
Percentile by assets National rank
$76,535
Avg per participant Below avg balance/head
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Official DOL plan name: Nextek, Inc. Employee 401(k) Retirement Plan · Sponsored by Nextek, Inc. · Alabama · Manufacturing

$11M in assets, 144 participants

Nextek, Inc.'s Nextek, Inc. Employee 401(k) Retirement Plan reported $11M in total assets and 144 participants in its 2024 DOL Form 5500 filing, ranking in the 58th 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.

  • #7,860 in Manufacturing (17,777 peers)

Coverage in Alabama

Nextek, Inc. Employee 401(k) Retirement Plan covers 144 participants in Alabama, about 40% of the average Alabama filer (state average ~360 per filing). Assets: $11M.

#7,860
in Manufacturing (17,777 peers)
+21.1%
assets growth YoY

Nextek, Inc. Employee 401(k) Retirement Plan's mid-pack asset rank among Manufacturing and all filers

Nextek, Inc. Employee 401(k) Retirement Plan vs every filed plan by assets

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

$11,021,087 Top 42% higher than 58% 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

Nextek, Inc. Employee 401(k) Retirement 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. Nextek, Inc. Employee 401(k) Retirement Plan sits mid-pack in the medium band (144 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Nextek, Inc. Employee 401(k) Retirement Plan reported net income rose from $751K in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Nextek, Inc. Employee 401(k) Retirement Plan end-of-year assets rose from $9M in the plan year 2023 filing to $11M in the plan year 2024 filing.
  • Nextek, Inc. Employee 401(k) Retirement Plan reported participants rose from 140 in the plan year 2023 filing to 144 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 631134620 · Nextek, Inc. PY 2024 · 401(k)

Nextek, Inc. Employee 401(k) Retirement Plan · $11M · 144 · 58th

  • IND $11M
  • EOY 144
  • 5500 58th
  • ASSETS 401(k)
  • PCT near Schaefer Architecture Inc.
  • EIN ind #7860

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 Alabama →

Nextek, Inc. Employee 401(k) Retirement Plan in the asset neighbourhood

Nextek, Inc. Employee 401(k) Retirement PlanNextek, Inc. Employee 401(k)…$11MSchaefer Architecture Inc.$11MWest-Mark Retirement Plan$11MTait North America, Inc. 401(k) PlanTait North America, Inc. 401…$11MGaubert Oil Co., Inc. 401(k) Profit Sharing PlanGaubert Oil Co., Inc. 401(k)…$11M
End-of-year total assets ($M) among Nextek, Inc. Employee 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Alabama filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$11M
Net Income$2M
Employer EIN631134620
Plan Effective Date1998-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nextek, Inc.)

Sponsor-wide plan assets over time

All Nextek, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$11M 31.951613733586992% vs 2022
2024 filing year
$8M$9M$10M$11M$12M 202220232024 $8.35M $11M ▲ +32.0%
Year Plans Participants Total Assets
2022 1 137 $8M
2023 1 140 $9M
2024 1 144 $11M

Nearby 401(k) Plans in Alabama

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

Nextek, Inc. Employee 401(k) Retirement Plan vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -101234 Total assets ($B) Participants Nextek, Inc. Employee 401(k) Retirement Plan, Total assets ($B): 0.011021087 · Participants: 144Nextek, Inc. Employee 401(k) Retirement PlanRegions Financial Corporation 401(k) Plan, Total assets ($B): 3.197489981 · Participants: 20783Regions Financial Corporation 401(k) PlanEncompass Health Corporation 401(k) Retirement Plan, Total assets ($B): 1.722944967 · Participants: 29454Encompass Health Corporation 401(k) Retirement PlanHexagon Employee Retirement Savings Plan, Total assets ($B): 1.651353194 · Participants: 4638Hexagon Employee Retirement Savings PlanVulcan 401(k) Plan, Total assets ($B): 1.472398962 · Participants: 8628Vulcan 401(k) PlanMercedes-Benz U.S. International, Inc. Retirement and Savings Plan, Total assets ($B): 1.234118844 · Participants: 6167Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan
Nextek, Inc. Employee 401(k) Retirement Plan vs. nearby 401(k) plans in Alabama, assets vs. participants
Compare Nextek, Inc. Employee 401(k) Retirement Plan side-by-side with 3 peers →

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

Outside Alabama, the nearest 401(k) by assets is Schaefer Architecture Inc. in KS ($11M); by covered participants it is Associated Credit Union of Texas 401(k) Plan and Trust in TX (144 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($11M here).

Similar participant headcount

Nearest other-state filings by covered participants (144 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 Nextek, Inc. Employee 401(k) Retirement Plan assets move in 2024? ▼
Nextek, Inc. Employee 401(k) Retirement Plan grew sharply - up 21.1% during 2024, from $9M to $11M. Reported net income was $2M.
How have Nextek, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nextek, Inc.'s sponsor-wide assets grew 32.0%, from $8M to $11M.
Which 401(k) plans are similar in size to Nextek, Inc. Employee 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Schaefer Architecture Inc. in KS ($11M, 42 participants).
Which 401(k) plans cover a similar participant headcount to Nextek, Inc. Employee 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Associated Credit Union of Texas 401(k) Plan and Trust in TX (144 participants, $17M 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 631134620.

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.