401(k) · DOL Form 5500 · 2024

Next Tier Concepts, Inc. 401(k) Plan

Data updated 2026-08-25

$29M
Total assets Below avg plan size
119
Participants Small participant base
77th
Percentile by assets National rank
$245,586
Avg per participant Above avg balance/head
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Official DOL plan name: Nt Concepts 401(k) Plan · Sponsored by Next Tier Concepts, Inc. · Virginia · Professional & Technical Services

$29M in assets, 119 participants

Next Tier Concepts, Inc.'s Nt Concepts 401(k) Plan reported $29M in total assets and 119 participants in its 2024 DOL Form 5500 filing, ranking in the 77th 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.

  • #15,500 in Professional & Technical Services (20,173 peers)

Coverage in Virginia

Nt Concepts 401(k) Plan covers 119 participants in Virginia, about 15% of the average Virginia filer (state average ~782 per filing). Assets: $29M.

#15,500
in Professional & Technical Services (20,173 peers)
+11.7%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Nt Concepts 401(k) Plan's outsized position by total assets

Nt Concepts 401(k) Plan vs every filed plan by assets

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

$29,224,780 Top 23% higher than 77% 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

Nt Concepts 401(k) 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. Nt Concepts 401(k) Plan sits mid-pack in the medium band (119 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Nt Concepts 401(k) Plan reported net income fell from $4M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Nt Concepts 401(k) Plan end-of-year assets rose from $26M in the plan year 2023 filing to $29M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 541909584 · Next Tier Concepts, Inc. PY 2024 · 401(k)

Nt Concepts 401(k) Plan · $29M · 119 · 77th

  • EOY $29M
  • 5500 119
  • ASSETS 77th
  • PCT 401(k)
  • EIN near Berje, Inc. Retirement Plan
  • RANK ind #15500

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 Professional & Technical Services retirement plans → · Plans in Virginia →

Nt Concepts 401(k) Plan in the asset neighbourhood

Berje, Inc. Retirement Plan$29MNational Construction Rentals, Inc. 401(k) Profit Sharing PlanNational Construction Rental…$29MNt Concepts 401(k) Plan$29MClark, Partington, Hart & Hart Employees Profit Sharing Plan & TrustClark, Partington, Hart & Ha…$29MDave Operating LLC 401(k) PlanDave Operating LLC 401(k) Pl…$29M
End-of-year total assets ($M) among Nt Concepts 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Virginia filing particulars

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$29M
Net Income$3M
Employer EIN541909584
Plan Effective Date2004-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Next Tier Concepts, Inc.)

Sponsor-wide plan assets over time

All Next Tier Concepts, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$29M 32.63945470045996% vs 2022
2024 filing year
$20M$25M$30M 202220232024 $22M $29.2M ▲ +32.6%
Year Plans Participants Total Assets
2022 1 140 $22M
2023 1 119 $26M
2024 1 119 $29M

Nearby 401(k) Plans in Virginia

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

Nt Concepts 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Nt Concepts 401(k) Plan, Total assets ($B): 0.02922478 · Participants: 119Nt Concepts 401(k) PlanNorthrop Grumman Savings Plan, Total assets ($B): 39.473777135 · Participants: 104719Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 16.840459887 · Participants: 62869401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 12.395006194 · Participants: 49414General Dynamics Corporation 401(k) Plan 6.0Capital One Financial Corporation Associate Savings Plan, Total assets ($B): 12.04952818 · Participants: 44933Capital One Financial Corporation Associate Savings PlanLeidos, Inc. Retirement Plan, Total assets ($B): 11.790942581 · Participants: 29734Leidos, Inc. Retirement Plan
Nt Concepts 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Nt Concepts 401(k) Plan side-by-side with 3 peers →

Nt Concepts 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Berje, Inc. Retirement Plan in NJ ($29M); by covered participants it is Culy Contracting LLC Retirement Savings Plan in IN (119 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (119 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 Nt Concepts 401(k) Plan assets move in 2024? ▼
Nt Concepts 401(k) Plan grew at a solid clip - up 11.7% during 2024, from $26M to $29M. Reported net income was $3M.
How have Next Tier Concepts, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Next Tier Concepts, Inc.'s sponsor-wide assets grew 32.6%, from $22M to $29M.
Where does Nt Concepts 401(k) Plan rank by assets among Form 5500 filers? ▼
Nt Concepts 401(k) Plan ranks in the 77th 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 Nt Concepts 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Berje, Inc. Retirement Plan in NJ ($29M, 149 participants).
Which 401(k) plans cover a similar participant headcount to Nt Concepts 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Culy Contracting LLC Retirement Savings Plan in IN (119 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 541909584.

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.