Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Nexstar Media Group
Nexstar Media Group 401(k)
- NXST Nasdaq
- Information
- Irving, TX
- EIN 23-3083125
- 1 plan with Schedule H financials
- Plan year 2024
- Nexstar Media Group, Inc.
Filed as negative.Schedule H line 2i(3) is reported as -$54,257. The filing is shown as received; the derived figures below treat a negative amount as zero, and a percentile is only shown for positive values.
Administrative expenses excluding investment management, per participant · Nexstar Media Group, Inc. 401(k) Plan · plan year 2024
$9.20
Higher than 9% of the 1,045 plans over $1B that report it.
Source
= $197,644 / 21,492
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250908093729NAL0019183953001, received 2025-09-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250908093729NAL0019183953001, received 2025-09-08
Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-09-08.
Cost and contributions
Administrative expenses per participant
$19.35
Higher than 8% of the 1,076 plans over $1B that report it.
Source
= $415,900 / 21,492
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250908093729NAL0019183953001, received 2025-09-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250908093729NAL0019183953001, received 2025-09-08
Administrative expenses as a share of assets
0.021%
Higher than 18% of the 1,076 plans over $1B that report it.
Source
= $415,900 / $1,999,789,424
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250908093729NAL0019183953001, received 2025-09-08
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250908093729NAL0019183953001, received 2025-09-08
Employer contributions per participant
$898
Higher than 5% of the 1,135 plans over $1B that report it.
Source
= $19,297,942 / 21,492
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250908093729NAL0019183953001, received 2025-09-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250908093729NAL0019183953001, received 2025-09-08
Employer share of total contributions
19.0%
Higher than 9% of the 1,135 plans over $1B that report it.
Source
= $19,297,942 / $101,414,764
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250908093729NAL0019183953001, received 2025-09-08
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250908093729NAL0019183953001, received 2025-09-08
Plan terms, as stated in Nexstar Media Group, Inc.'s SEC filings
Plan terms are described in Nexstar Media Group, Inc.'s SEC filings: Form 10-K filed 2026-02-27. No term could be quoted from them with the required precision.
Plan features
2T default investment (QDIA) · 2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 3H controlled-group sponsor · 2U · 3D IRS pre-approved plan · 2R participant brokerage window · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250908093729NAL0019183953001, received 2025-09-08
Full record, Nexstar Media Group, Inc. 401(k) Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | NEXSTAR MEDIA GROUP, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250908093729NAL0019183953001, received 2025-09-08 |
| Plan name | NEXSTAR MEDIA GROUP, INC. 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250908093729NAL0019183953001, received 2025-09-08 |
| Sponsor EIN / plan number | 23-3083125 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250908093729NAL0019183953001, received 2025-09-08 |
| Plan type | multiple-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250908093729NAL0019183953001, received 2025-09-08 |
| Sponsor location | IRVING, TX | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250908093729NAL0019183953001, received 2025-09-08 |
| Industry (business code) | 515100, Information | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250908093729NAL0019183953001, received 2025-09-08 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250908093729NAL0019183953001, received 2025-09-08 |
| Filing received | 2025-09-08 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250908093729NAL0019183953001, received 2025-09-08 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250908093729NAL0019183953001, received 2025-09-08 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250908093729NAL0019183953001, received 2025-09-08 |
| Participants, beginning of year | 22,984 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250908093729NAL0019183953001, received 2025-09-08 |
| Active participants | 13,254 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250908093729NAL0019183953001, received 2025-09-08 |
| Participants, end of year | 22,800 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250908093729NAL0019183953001, received 2025-09-08 |
| Participants with an account balance | 21,492 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250908093729NAL0019183953001, received 2025-09-08 |
| Total assets, beginning of year | $1,845,832,224 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250908093729NAL0019183953001, received 2025-09-08 |
| Total assets, end of year | $1,999,789,424 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250908093729NAL0019183953001, received 2025-09-08 |
| Net assets, end of year | $1,996,924,477 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250908093729NAL0019183953001, received 2025-09-08 |
| Total income | $366,866,498 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250908093729NAL0019183953001, received 2025-09-08 |
| Net income | $157,744,921 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250908093729NAL0019183953001, received 2025-09-08 |
| Employer contributions | $19,297,942 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250908093729NAL0019183953001, received 2025-09-08 |
| Participant contributions | $68,930,091 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250908093729NAL0019183953001, received 2025-09-08 |
| Other contributions (incl. rollovers) | $13,186,731 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250908093729NAL0019183953001, received 2025-09-08 |
| Total contributions | $101,414,764 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250908093729NAL0019183953001, received 2025-09-08 |
| Benefit payments | $208,655,701 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250908093729NAL0019183953001, received 2025-09-08 |
| Total expenses (incl. benefit payments) | $209,121,577 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250908093729NAL0019183953001, received 2025-09-08 |
| Total administrative expenses | $415,900 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250908093729NAL0019183953001, received 2025-09-08 |
| Contract administrator fees | $7,500 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250908093729NAL0019183953001, received 2025-09-08 |
| Recordkeeping fees | -$54,257 (filed as negative) | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250908093729NAL0019183953001, received 2025-09-08 |
| IQPA audit fees | $40,950 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250908093729NAL0019183953001, received 2025-09-08 |
| Investment advisory and management fees | $218,256 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250908093729NAL0019183953001, received 2025-09-08 |
| Administrative expenses excluding investment management | $197,644 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250908093729NAL0019183953001, received 2025-09-08 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250908093729NAL0019183953001, received 2025-09-08 |
| Held in common/collective trusts | $1,130,076,516 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250908093729NAL0019183953001, received 2025-09-08 |
| Held in mutual funds | $767,559,784 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250908093729NAL0019183953001, received 2025-09-08 |
| Independent auditor | CROWE LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250908093729NAL0019183953001, received 2025-09-08 |
Position = column in the DOL layout for form year 2024. Filing 20250908093729NAL0019183953001, received 2025-09-08.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $218,256 | no |
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $115,435 | yes |
| AON INVESTMENTS USA INC. | CONSULTANT | 16 Consulting (general) | $81,708 | no |
| CROWE LLP | ACCOUNTANT/AUDITOR | 10 Accounting (including auditing) | $40,950 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250908093729NAL0019183953001, received 2025-09-08.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $1,845,832,224 | $1,999,789,424 | 8.3% |
| Participants with a balance | 21,516 | 21,492 | -0.1% |
| Administrative expenses | $115,684 | $415,900 | 259.5% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $18,123,419 | $19,297,942 | 6.5% |
Prior filing 20241010174913NAL0010317267001, received 2024-10-10; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: NEXSTAR MEDIA GROUP, INC.; SEC registrant: NEXSTAR MEDIA GROUP, INC. (CIK 1142417, matched by EIN; display name from the Form 10-K cover).