Nexstar Media Group, Inc. 401(k) Plan: Login, Facts & Contact Information

Nexstar Media Group, Inc. 401(k) Plan Facts

Plan name
NEXSTAR MEDIA GROUP, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
NEXSTAR MEDIA GROUP, INC.
Participants
22,984 (13,254 active employees)
Former employees with a balance
9,302
Plan assets
$1,999,789,424 at Dec 31, 2024
Average account balance
$93,048 across 21,492 accounts
Employer contributions
$19,297,942 in plan year 2024 (19% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1997
✓ 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 8, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $101.4 million went into the plan in contributions, $19.3 million of it from the employer (19%).
  • $208.7 million was paid out to participants.
  • Investment and other income added $265.5 million.
  • Administrative expenses were $415,900, about $19 per account.

How the Nexstar Media Group, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
201911,707$621.7 million$8.98 million$56.9 million
202011,842$1.04 billion$14.7 million$86.6 million
202117,931$1.18 billion$14.9 million$93.7 million
202218,331$1.05 billion$16.0 million$84.0 million
202318,897$1.85 billion$18.1 million$189.0 million
202422,984$2.00 billion$19.3 million$208.7 million

Nexstar Media Group, Inc. 401(k) Contact Information

Phone
972-373-8800
Mailing address
545 E. JOHN CARPENTER FREEWAY SUITE 700, IRVING TX 75062
Plan sponsor
NEXSTAR MEDIA GROUP, INC.
Employer identification number (EIN)
23-3083125
Plan number
001

Questions about the Nexstar Media Group, Inc. 401(k)

Does Nexstar Media Group, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $19.3 million, 19% of all contributions.

Does the Nexstar Media Group, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Nexstar Media Group, Inc 401(k) plan?

22,984 participants at the start of plan year 2024, 13,254 of them active employees, and 9,302 former employees who still had money in the plan.

What is the average 401(k) balance at Nexstar Media Group, Inc?

About $93,048 per account: $2.00 billion in plan assets across 21,492 accounts with a balance at the end of plan year 2024.

Who manages the Nexstar Media Group, Inc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Nexstar Media Group, Inc. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits 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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