401(k) · DOL Form 5500 · 2024

Nexgen Team, LLC 401(k) Plan

Data updated 2026-08-25

$24M
Total assets Small plan by assets: 474
Participants Below avg headcount: 73rd
Percentile by assets National rank: $50,181
Avg per participant Low balance/head

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Official DOL plan name: Nexgen Team, LLC 401(k) Plan · Sponsored by Nexgen Team, LLC · Oregon · Manufacturing

$24M in assets, 474 participants

Nexgen Team, LLC's Nexgen Team, LLC 401(k) Plan reported $24M in total assets and 474 participants in its 2024 DOL Form 5500 filing, ranking in the 73rd 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.

#11,323 in Manufacturing (17,777 peers)

Nexgen Team, LLC multi-year trail

Nexgen Team, LLC's plans moved +34.0% in assets from 2022 to 2024; this filing shows Nexgen Team, LLC 401(k) Plan at $24M / 474 participants.

#11,323
in Manufacturing (17,777 peers): +8.9%
assets growth YoY

Nexgen Team, LLC 401(k) Plan's outsized position by total assets

Nexgen Team, LLC 401(k) Plan vs every filed plan by assets

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

$23,785,709 Top 27% higher than 73% of 123,620 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Nexgen Team, LLC 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. Nexgen Team, LLC 401(k) Plan sits mid-pack in the medium band (474 participants).

Micro (1-10) 33,766 filings (27%) Small (11-100) 26,107 filings (21%) Medium (101-1,000) 54,251 filings (43%) Large (1,001-10,000) 10,349 filings (8%) Mega (10,000+) 1,399 filings (1%)

Nexgen Team, LLC 401(k) Plan reported net income fell from $4M in the plan year 2023 filing to $2M in the plan year 2024 filing.
Nexgen Team, LLC 401(k) Plan end-of-year assets rose from $22M in the plan year 2023 filing to $24M in the plan year 2024 filing.
Nexgen Team, LLC 401(k) Plan reported participants rose from 448 in the plan year 2023 filing to 474 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 813596855 · Nexgen Team, LLC PY 2024 · 401(k)

Nexgen Team, LLC 401(k) Plan · $24M · 474 · 73rd

RANK $24M
RANK 474
RANK 73rd
RANK 401(k)
RANK near Isseks Bros. Inc. 401(k) Profit Sharing Plan
RANK ind #11323

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 Oregon →

End-of-year total assets ($M) among Nexgen Team, LLC 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Nexgen Team, LLC multi-year asset trail

Latest sponsor-wide plan assets: $24M 33.95171169247293% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	391	$18M
2023	1	448	$22M
2024	1	474	$24M

Nexgen Team, LLC filing trail (2024)

Total Assets (Beginning of Year)	$22M
Net Assets (End of Year)	$24M
Net Income	$2M
Employer EIN	813596855
Plan Effective Date	1972-10-01
Filing Status	FILING RECEIVED

Nearby 401(k) Plans in Oregon

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

Nexgen Team, LLC 401(k) Plan vs. nearby 401(k) plans in Oregon, assets vs. participants

401(k) Savings and Profit Sharing Plan for Employees of Nike, Inc. $5.9B · 37,293
Daimler Truck North America, L.L.C. Employee Retirement Savings Plan $2.7B · 8,431
Precision Castparts Corp. 401(k) Retirement Savings Plan $2.5B · 17,047
Xpo Logistics Retirement Savings Plan $1.9B · 5,689
Pacificorp K Plus Employee Savings Plan $1.8B · 5,201

Compare Nexgen Team, LLC 401(k) Plan side-by-side with 3 peers →

Nexgen Team, LLC 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Oregon, the nearest 401(k) by assets is Isseks Bros. Inc. 401(k) Profit Sharing Plan in NY ($24M); by covered participants it is Restaurants of America Retirement Plan in CO (474 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($24M here).

Isseks Bros. Inc. 401(k) Profit Sharing Plan (NY) $24M · 7
Porter Scott, Apc 401(k) Plan (CA) $24M · 86
Quapaw Tribe of Oklahoma (O-Gah-Pah) Commercial 401(k) Plan (OK) $24M · 1,540
Kish Bank Retirement Savings Plan (PA) $24M · 255

Similar participant headcount

Nearest other-state filings by covered participants (474 participants); asset peers above are excluded.

Restaurants of America Retirement Plan (CO) 474 · 0 off
Woods Supermarket, Inc. 401(k) Profit Sharing Plan (MO) 474 · 0 off
Phoenix 401(k) Plan (TX) 474 · 0 off
Cummings Properties, LLC 401(k) Plan (MA) 474 · 0 off

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 Team, LLC 401(k) Plan assets move in 2024? ▼

Nexgen Team, LLC 401(k) Plan grew at a solid clip - up 8.9% during 2024, from $22M to $24M. Reported net income was $2M.

How have Nexgen Team, LLC plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Nexgen Team, LLC's sponsor-wide assets grew 34.0%, from $18M to $24M.

Which 401(k) plans are similar in size to Nexgen Team, LLC 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Isseks Bros. Inc. 401(k) Profit Sharing Plan in NY ($24M, 7 participants).

Which 401(k) plans cover a similar participant headcount to Nexgen Team, LLC 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Restaurants of America Retirement Plan in CO (474 participants, $3M 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 813596855.