Nexen Group 401(k) match, vesting and fees
What Nexen Group's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Olsen Thielen & Co., Ltd (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2025 medians for 3,042 defined-contribution plans in manufacturing with 100 to 499 participants.
| Nexen Group: employer contribution per participant | $4,426 | |
| Peer median | $1,962 |
| Nexen Group: average balance | $419,932 | |
| Peer median | $75,225 |
| Nexen Group: admin expenses ÷ assets | 0.17% | |
| Peer median | 0.32% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $55.3M at the end of plan year 2021 to $58.4M at the end of plan year 2025.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2025 | 144 | $58.4M | $615K | $4,426 | 0.17% | Not published | Form 5500 ↗ |
| 2024 | 148 | $56.8M | $660K | $4,522 | 0.14% | Not published | Form 5500 ↗ |
| 2023 | 148 | $51.8M | $664K | $4,581 | 0.16% | Not published | Form 5500 ↗ |
| 2022 | 143 | $43.9M | $669K | $4,776 | 0.22% | Not published | Form 5500 ↗ |
| 2021 | 141 | $55.3M | $634K | $4,597 | 0.08% | Not published | Form 5500 ↗ |
Common questions
Does Nexen Group match 401(k) contributions?
The match terms for the Nexen Group Inc. Retirement Savings Plan have not been published from its filing yet. The plan year 2025 filing reports $615K in employer contributions, about $4,426 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Nexen Group 401(k) match vested?
The vesting schedule for the Nexen Group Inc. Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Nexen Group 401(k)?
The recordkeeper listed on Schedule C of the plan year 2025 filing is Principal Life Insurance Company. The plan administrator is Nexen Group Inc..
I left Nexen Group. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Nexen Group Inc., (715) 866-6303) or the recordkeeper, Principal Life Insurance Company. The Nexen Group old 401(k) page lists the contacts from every plan filing. Find an old Nexen Group 401(k)
Data from the public Form 5500 annual reports Nexen Group filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Nexen Group. Not financial advice. Report a correction · Methodology