# Nexstar Media Group, INC. 401(k) Plan
Source: https://planprovider.pro/companies/nexstar-media-group-inc-401k-plan

> Nexstar Media Group, INC.'s 401(k) plan: 13,254 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Nexstar Media Group, INC.

- **Sponsor EIN:** 233083125

- **Sponsor Address:** 545 E. JOHN CARPENTER FREEWAY, IRVING, TX, 75062

- **Plan Type:** 401(k)

- **Total Participants:** 13,254

- **Total Assets:** $2.0B

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** Yes

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|13,254|$2.0B|$19.3M|$68.9M|

| 2023|12,806|$1.8B|$18.1M|$65.0M|

| 2022|12,438|$1.0B|$16.0M|$59.7M|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| STRATEGIC ADVISORS, INC.|ADVISOR|$218,256|—|$218,256|

| FIDELITY INVESTMENTS INSTITUTIONAL|RECORDKEEPER|$115,435|—|$115,435|

| AON INVESTMENTS USA INC.|CONSULTANT|$81,708|—|$81,708|

| CROWE LLP|ACCOUNTANT/AUDITOR|$40,950|—|$40,950|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [STRATEGIC ADVISORS, INC.](https://planprovider.pro/provider/creative-planning) — ADVISOR

- [FIDELITY INVESTMENTS INSTITUTIONAL](https://planprovider.pro/provider/fidelity-investments) — RECORDKEEPER

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $456,349

- **Estimated Expense Ratio:** 0.023% of plan assets

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$415,900|$218,256|$7,500|$40,950|—|

| 2023|$115,684|$246,367|$3,900|—|—|

| 2022|$313,786|$214,898|—|—|—|

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