Plan Ledger DOL Form 5500 · updated monthly

Baxter Shared Services, LLC401(k)

BAXTER AUTO GROUP 401(K) PLAN · OMAHA, NE · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Baxter Shared Services, LLC reported $155,358 in plan administrative expenses for 2024: 0.27% of average plan assets, higher than ~75% of peers. Employer contributions averaged $909 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 1 year on file its reported administrative ratio fell from 0.47% to 0.27%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 109th-largest of 565 plans among Nebraska employers on file, and the 553rd of 5,215 in retail trade. In 2024, employees put in $3.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$61,409,320
Participants with balances2,000
Active participants1,824
Employer contributions$1,658,721
Employee contributions$6,408,254
Employer contribution per active participant$909
Average account balance$30,705
Benefits paid to participants$11,294,272
Plan auditUnmodified (clean) audit opinion
AuditorLUTZ & COMPANY
Plan history2
Yearassets · accounts · employer contribution
2024$61.4M · 2,000 accts · $1.7M emplr
2023$53.3M · 1,727 accts · $8K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$120,525
Investment management$34,833
Total administrative$155,358
The Baxter Shared Services, LLC 401(k) match · 2024
Employer contribution per active participant$909
Median for plans this size$3,635
2024$909 per active participant
2023$6 per active participant

Baxter Shared Services, LLC'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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$120,525
GALLAGHER FIDUCIARY ADVISORS LLC · Investment advisory (plan)$34,833
LUTZ & COMPANY · Accounting / audit$25,000

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

Administrative cost history2
2024$155,358 · 0.27%
2023$241,115 · 0.47%
Same employer
Similar plansRetail Trade · Nebraska
Woodhouse Ford, Inc. NE$95.7M · 0.23%
Southerncarlson, Inc. NE$93.1M · 0.27%
Ho-Chunk, Inc. NE$81.9M · 0.46%
B&R Stores, Inc. NE$74.6M · 0.23%
21ST Century Equipment, LLC NE$42.6M · 0.02%
Speedway Motors, Inc. NE$36.7M · 0.11%
Sapp Bros., Inc. NE$30.5M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470778355 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.