Defined Benefit (Pension) · DOL Form 5500 · 2024

Nexstar Broadcasting, Inc. Pension Plan

Data updated 2026-08-25

$268M
Total assets Near avg plan size
421
Participants Below avg headcount
95th
Percentile by assets National rank
$637,675
Avg per participant High balance/head
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Official DOL plan name: Mg Advantage Retirement Plan · Sponsored by Nexstar Broadcasting, Inc. · Texas · Information & Media

$268M in assets, 421 participants

Nexstar Broadcasting, Inc.'s Mg Advantage Retirement Plan reported $268M in total assets and 421 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.

  • #2,625 in Information & Media (2,822 peers)

Where Mg Advantage Retirement Plan sits by assets

Mg Advantage Retirement Plan sits in the top 5% of all filed plans by assets, $268M for 421 participants (~$637,675/participant), down 7.0% in 2024.

#2,625
in Information & Media (2,822 peers)
-7.0%
assets change YoY
2.7×
vs typical plan assets (national mean)

The plan reported a net loss of $20M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Mg Advantage Retirement Plan's outsized position by total assets

Mg Advantage Retirement Plan vs every filed plan by assets

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

$268,461,335 Top 5% higher than 95% 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

Mg Advantage 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. Mg Advantage Retirement Plan sits mid-pack in the medium band (421 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Mg Advantage Retirement Plan reported net income fell from -$1M in the plan year 2023 filing to -$20M in the plan year 2024 filing.
  • Mg Advantage Retirement Plan end-of-year assets fell from $289M in the plan year 2023 filing to $268M in the plan year 2024 filing.
  • Mg Advantage Retirement Plan reported participants fell from 448 in the plan year 2023 filing to 421 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 233063152 · Nexstar Broadcasting, Inc. PY 2024 · Defined Benefit (Pension)

Mg Advantage Retirement Plan · $268M · 421 · 95th

  • VS-ST $268M
  • VS-ST 421
  • VS-ST 95th
  • VS-ST Defined Benefit (Pension)
  • VS-ST near The Dayton Power and Light Co. Retirement Inc Plan
  • VS-ST ind #2625

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 Information & Media retirement plans → · Plans in Texas →

Mg Advantage Retirement Plan in the asset neighbourhood

Local 1205 Pension Fund$269MMg Advantage Retirement Plan$268MThe Dayton Power and Light Co. Retirement Inc PlanThe Dayton Power and Light C…$268MThe Retirement Plan of Flagstar Bank, National AssociationThe Retirement Plan of Flags…$268MTucson Electric Power Company Salaried Employees Retirement PlanTucson Electric Power Compan…$267M
End-of-year total assets ($M) among Mg Advantage Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$289M
Net Assets (End of Year)$268M
Net Income-$20M
Employer EIN233063152
Plan Effective Date1973-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nexstar Broadcasting, Inc.)

Sponsor-wide plan assets over time

All Nexstar Broadcasting, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$268M 7.2719694843882925% vs 2022
2024 filing year
$260M$270M$280M$290M$300M 202220232024 $290M $268M ▼ -7.3%
Year Plans Participants Total Assets
2022 1 493 $290M
2023 1 448 $289M
2024 1 421 $268M

Nearby Defined Benefit (Pension) Plans in Texas

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Mg Advantage Retirement Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants Mg Advantage Retirement Plan, Total assets ($B): 0.268461335 · Participants: 421Mg Advantage Retirement PlanAT&T Pension Benefit Plan, Total assets ($B): 28.265893 · Participants: 100400AT&T Pension Benefit PlanExxonmobil Pension Plan, Total assets ($B): 12.095 · Participants: 22000Exxonmobil Pension PlanChevron Retirement Plan, Total assets ($B): 9.731784707 · Participants: 21297Chevron Retirement PlanShell Pension Plan, Total assets ($B): 9.694184685 · Participants: 12688Shell Pension PlanCaterpillar Inc. Retirement Income Plan, Total assets ($B): 9.1940497 · Participants: 11498Caterpillar Inc. Retirement Income Plan
Mg Advantage Retirement Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants
Compare Mg Advantage Retirement Plan side-by-side with 3 peers →

Mg Advantage Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Texas, the nearest Defined Benefit (Pension) by assets is The Dayton Power and Light Co. Retirement Inc Plan in IN ($268M); by covered participants it is Nrg Pension Plan in NJ (421 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (421 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 Mg Advantage Retirement Plan assets move in 2024? ▼
Mg Advantage Retirement Plan pulled back noticeably - down 7.0% during 2024, from $289M to $268M. Reported net income was -$20M.
How have Nexstar Broadcasting, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nexstar Broadcasting, Inc.'s sponsor-wide assets declined 7.3%, from $290M to $268M.
Where does Mg Advantage Retirement Plan rank by assets among Form 5500 filers? ▼
Mg Advantage Retirement Plan ranks in the 95th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Mg Advantage Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Dayton Power and Light Co. Retirement Inc Plan in IN ($268M, 706 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Mg Advantage Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Nrg Pension Plan in NJ (421 participants, $381M 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 233063152.

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.