Clark Nexsen, Inc. 401(k) Plan: Login, Facts & Contact Information

Clark Nexsen, Inc. 401(k) Plan Facts

Plan name
CLARK NEXSEN, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
CLARK NEXSEN, INC.
Participants
508 (328 active employees)
Former employees with a balance
148
Plan assets
$84,157,219 at Dec 31, 2024
Average account balance
$178,299 across 472 accounts
Employer contributions
$1,082,342 in plan year 2024 (20% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Dec 5, 1972
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 29, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $5.43 million went into the plan in contributions, $1.08 million of it from the employer (20%).
  • $8.28 million was paid out to participants.
  • Investment and other income added $9.76 million.
  • Administrative expenses were $224,342, about $475 per account.

How the Clark Nexsen, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019602$66.7 million$981,497$5.06 million
2020566$76.8 million$940,448$3.84 million
2021550$84.6 million$889,169$6.84 million
2022532$69.6 million$1.03 million$6.42 million
2023513$77.5 million$1.14 million$8.43 million
2024508$84.2 million$1.08 million$8.28 million

Clark Nexsen, Inc. 401(k) Contact Information

Phone
757-961-7863
Mailing address
4525 MAIN STREET SUITE 1400, VIRGINIA BEACH VA 23462
Plan sponsor
CLARK NEXSEN, INC.
Employer identification number (EIN)
54-0613222
Plan number
001

Questions about the Clark Nexsen, Inc. 401(k)

Does Clark Nexsen, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.08 million, 20% of all contributions.

Does the Clark Nexsen, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Clark Nexsen, Inc 401(k) plan?

508 participants at the start of plan year 2024, 328 of them active employees, and 148 former employees who still had money in the plan.

What is the average 401(k) balance at Clark Nexsen, Inc?

About $178,299 per account: $84.2 million in plan assets across 472 accounts with a balance at the end of plan year 2024.

Who manages the Clark Nexsen, Inc 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Clark Nexsen, Inc. How do I access my 401(k)?

Your account stays with Principal after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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