Plan Ledger DOL Form 5500 · updated monthly

Access Bank401(k)

ACCESS BANK 401(K) PLAN · OMAHA, NE · plan year 2024

Reported admin expense ratio · 2024
0.22%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Access Bank reported $28,428 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $3,234 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.64% to 0.22%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Nebraska (320th of 565), and 3,595th of 4,798 in finance & insurance. In 2024, employees put in $1.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,039,651
Participants with balances160
Active participants125
Employer contributions$404,256
Employee contributions$787,407
Employer contribution per active participant$3,234
Average account balance$87,748
Benefits paid to participants$1,776,940
Plan auditUnmodified (clean) audit opinion
AuditorBERGANKDV LLC
Plan history3
Yearassets · accounts · employer contribution
2024$14.0M · 160 accts · $404K emplr
2023$12.1M · 169 accts · $417K emplr
2022$9.0M · 157 accts · $390K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,899
Investment management$23,529
Total administrative$28,428
The Access Bank 401(k) match · 2024
Employer contribution per active participant$3,234
Median for plans this size$2,416
2024$3,234 per active participant
2023$3,393 per active participant
2022$3,309 per active participant

Access Bank's 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
ONEAMERICA RETIREMENT SERVICES · Recordkeeping · Loan processing$4,899
ROYAL WEALTH MANAGEMENT · Pension consulting · Investment advisory (participants)$17,870
MATRIX TRUST COMPANY · Custodial · Custodial (securities)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024OneAmerica
2023Nationwide, PENSION ADMINISTRATORS LLC

This plan has changed recordkeepers within these filings. If you left Access Bank before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$28,428 · 0.22%
2023$76,770 · 0.73%
2022$61,147 · 0.64%
Same employer
Similar plansFinance & Insurance · Nebraska
First State Holding Co. NE$16.4M · 0.26%
Core Bank NE$15.9M · 0.36%
Charter West Bank NE$15.7M · 0.04%
Hansen-Mueller Co. NE$15.6M · 0.18%
Omaha National Group, Inc. NE$11.3M · 0.07%
Arbor Bank NE$8.8M · 0.56%
Inspro, Inc NE$8.4M · 1.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261375622 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.