Plan Ledger DOL Form 5500 · updated monthly

Amcon Distributing Company401(k)

AMCON DISTRIBUTING COMPANY PROFIT SHARING PLAN · OMAHA, NE · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Amcon Distributing Company reported $148,380 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $1,472 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 rose from 0.19% to 0.21%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 90th-largest of 565 plans among Nebraska employers on file, and the 543rd of 4,246 in wholesale trade. In 2024, employees put in $2.09 for every $1.00 the employer contributed; active participation has grown from 780 to 1,168 since 2022.

Plan summary
Net assets, end of year$75,846,937
Participants with balances1,256
Active participants1,168
Employer contributions$1,718,780
Employee contributions$3,590,053
Employer contribution per active participant$1,472
Average account balance$60,388
Benefits paid to participants$8,674,417
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$75.8M · 1,256 accts · $1.7M emplr
2023$68.3M · 1,162 accts · $1.5M emplr
2022$52.8M · 998 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$148,380
Total administrative$148,380
The Amcon Distributing Company 401(k) match · 2024
Employer contribution per active participant$1,472
Median for plans this size$3,635
2024$1,472 per active participant
2023$1,442 per active participant
2022$1,325 per active participant

Amcon Distributing Company's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$148,380
MML INSURANCE AGENCY LLC · Other servicesindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history3
2024$148,380 · 0.21%
2023$124,345 · 0.21%
2022$108,760 · 0.19%
Same employer
Similar plansWholesale Trade · Nebraska
Tabor Street Group, LLC NE$90.7M · 0.28%
Nmc Group, Inc. NE$79.3M · 0.35%
Nebraska Book Company, Inc. NE$42.3M · 0.07%
Data Systems, Inc. NE$40.2M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470702918 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.