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Sponsor portfolio

NEXEN GROUP INC.

EIN 41-1669760-industrial automation-Latest filing 2025
Plans
2
Retirement
1
$58.4M assets
Welfare
1
$117K premiums
Participants
257
560 OAK GROVE PARKWAY - VADNAIS HEIGHTS, MN 55127715-866-6303nexengroup.comLinkedIn201-500 employeesindustrial automation
Plans on this EIN
2 filings
#001401k-$58.4M - 144 part#501Mixed-$117K - 211 lives

Benefits portfolio analytics

1 plan / $117K premiums / 211 covered lives

Coverage by line

Premium dollars by benefit type (bundled lines overlap)

  • Life$117K
  • Vision$90K
  • Long-term disability$90K
  • Other$27K
Total $117K4 rows

Carrier market share

Premium dollars by Schedule A carrier

Multi-vendor
77%top
  • PRINCIPAL LIFE INSURANCE COMPANY77%
  • UNUM LIFE INSURANCE COMPANY OF AMERICA23%
Total $117K2 slices

Broker market share

Schedule A broker compensation

Split broker
92%top
  • J A COUNTER AND ASSOCIATES INC92%
  • GCG FINANCIAL LLC8%
Total $14K2 slices

Plan deep-dives

Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.
Retirement#001

NEXEN GROUP INC. RETIREMENT SAVINGS PLAN

401k

Assets$58.4M
Participants144
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#501

NEXEN EMPLOYEE BENEFIT PLAN

Mixed - PRINCIPAL LIFE INSURANCE COMPANY

Premiums$117K
Covered lives211
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive

Retirement plans1

Plan #NameTypeAssetsParticipantsLatest year
001NEXEN GROUP INC. RETIREMENT SAVINGS PLAN401k$58.4M1442025

Welfare plans1

Plan #NameFundingCarrierPremiumsCoveredLatest year
501NEXEN EMPLOYEE BENEFIT PLANMixedPRINCIPAL LIFE INSURANCE COMPANY$117K2112025
Retirement plans
Welfare plans
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