Mg Advantage Retirement Plan — Form 5500 plan (Nexstar Broadcasting, Inc.)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Mg Advantage Retirement Plan is a benefit plan reported by Nexstar Broadcasting, Inc. under EIN 23-3063152 and plan number 002. The latest loaded filing year is 2023. The filing reports 3,954 participants and $288,554,257 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Nexstar Broadcasting, Inc.
- EIN
- 23-3063152
- Plan number
- 002
- Plan type
- 2
- Location
- Irving, TX
- Latest filing year
- 2023
- Participants
- 3,954
- End-of-year plan assets
- $288,554,257
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 3,954 | H, C | 20241014201533NAL0053810306001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $288,554,257
- Total liabilities (EOY)
- $310,640
- Net assets (EOY)
- $288,243,617
- Net assets (BOY)
- $289,322,457
Income & contributions
- Total contributions
- $0
- Total income / additions
- $24,618,923
Expenses & distributions
- Benefits paid
- $23,147,877
- Administrative expenses
- $2,549,886
- Total expenses
- $25,697,763
- Net increase / (decrease)
- -$1,078,840
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Management Trust Co | NONE | $502,388 | not reported in the loaded dataset | 2023 |
| Fidelity Inv Instl Ops Co | NONE | $489,468 | not reported in the loaded dataset | 2023 |
| Truist Bank | NONE | $131,542 | $0 | 2023 |
| Aon Consulting | NONE | $55,000 | not reported in the loaded dataset | 2023 |
| Pricewaterhousecoopers Llp | NONE | $40,200 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Nexstar Broadcasting, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in TX
- 401(k) and benefit plan filings in Irving, TX
- Fidelity Management Trust Co — Schedule C compensation
- Fidelity Inv Instl Ops Co — Schedule C compensation
- Truist Bank — Schedule C compensation
- Aon Consulting — Schedule C compensation
- Pricewaterhousecoopers Llp — Schedule C compensation