401(k) · DOL Form 5500 · 2024

Nexus Family Healing 401(k) Plan

Data updated 2026-08-25

$54M
Total assets Below avg plan size
1,173
Participants Near avg headcount
85th
Percentile by assets National rank
$45,960
Avg per participant Low balance/head
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Official DOL plan name: Nexus Retirement Plan · Sponsored by Nexus Family Healing · Minnesota · Other Services

$54M in assets, 1,173 participants

Nexus Family Healing's Nexus Retirement Plan reported $54M in total assets and 1,173 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.

  • #7,202 in Other Services (7,719 peers)

Where Nexus Retirement Plan sits by assets

Nexus Retirement Plan sits in the top quartile of all filed plans by assets, $54M for 1,173 participants (~$45,960/participant), up 11.7% in 2024.

#7,202
in Other Services (7,719 peers)
+11.7%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Nexus Retirement Plan's outsized position by total assets

Nexus Retirement Plan vs every filed plan by assets

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

$53,910,616 Top 15% higher than 85% 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

Nexus Retirement Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nexus Retirement Plan lands in the large band (1,173 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Nexus Retirement Plan reported net income fell from $9M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Nexus Retirement Plan end-of-year assets rose from $48M in the plan year 2023 filing to $54M in the plan year 2024 filing.
  • Nexus Retirement Plan reported participants fell from 1,200 in the plan year 2023 filing to 1,173 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 411419064 · Nexus Family Healing PY 2024 · 401(k)

Nexus Retirement Plan · $54M · 1,173 · 85th

  • ASSETS $54M
  • ASSETS 1,173
  • ASSETS 85th
  • ASSETS 401(k)
  • ASSETS near Southern Bancorp 401(k) Retirement Savings and Employee Stock Ownership Plan
  • ASSETS ind #7202

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 Other Services retirement plans → · Plans in Minnesota →

Nexus Retirement Plan in the asset neighbourhood

Nexus Retirement Plan$54MSouthern Bancorp 401(k) Retirement Savings and Employee Stock Ownership PlanSouthern Bancorp 401(k) Reti…$54MBoswell Engineering 401(k) PlanBoswell Engineering 401(k) P…$54MThe Houstonian 401(k) Plan$54MMatt Construction 401(k) Plan$54M
End-of-year total assets ($M) among Nexus Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$48M
Net Assets (End of Year)$54M
Net Income$6M
Employer EIN411419064
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nexus Family Healing)

Sponsor-wide plan assets over time

All Nexus Family Healing plans reported in each filing year

Latest sponsor-wide plan assets
$54M 36.739812626239065% vs 2022
2024 filing year
$35M$40M$45M$50M$55M$60M 202220232024 $39.4M $53.9M ▲ +36.7%
Year Plans Participants Total Assets
2022 1 1,134 $39M
2023 1 1,200 $48M
2024 1 1,173 $54M

Nearby 401(k) Plans in Minnesota

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

Nexus Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Nexus Retirement Plan, Total assets ($B): 0.053910616 · Participants: 1173Nexus Retirement PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Nexus Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

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

Outside Minnesota, the nearest 401(k) by assets is Southern Bancorp 401(k) Retirement Savings and Employee Stock Ownership Plan in AR ($54M); by covered participants it is Alliance Entertainment 401(k) Plan in FL (1,173 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($54M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,173 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 Nexus Retirement Plan assets move in 2024?
Nexus Retirement Plan grew at a solid clip - up 11.7% during 2024, from $48M to $54M. Reported net income was $6M.
How have Nexus Family Healing plan assets changed over time?
Across 3 plan years on file (2022-2024), Nexus Family Healing's sponsor-wide assets grew 36.7%, from $39M to $54M.
Where does Nexus Retirement Plan rank by assets among Form 5500 filers?
Nexus Retirement Plan ranks in the 85th 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 Nexus Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Southern Bancorp 401(k) Retirement Savings and Employee Stock Ownership Plan in AR ($54M, 542 participants).
Which 401(k) plans cover a similar participant headcount to Nexus Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Alliance Entertainment 401(k) Plan in FL (1,173 participants, $35M in assets).