Plan Ledger DOL Form 5500 · updated monthly

Bosselman Administrative Services, Inc.401(k)

BOSSELMAN EMPLOYEE RETIREMENT PLAN · GRAND ISLAND, NE · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

Bosselman Administrative Services, Inc. reported $94,971 in plan administrative expenses for 2024: 0.69% of average plan assets, higher than ~90% of peers. Employer contributions averaged $423 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 0.35% to 0.69%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Nebraska (315th of 565), and the 1,961st of 5,215 in retail trade. In 2024, employees put in $3.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,461,043
Participants with balances362
Active participants923
Employer contributions$390,413
Employee contributions$1,179,926
Employer contribution per active participant$423
Average account balance$39,948
Benefits paid to participants$1,896,888
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.5M · 362 accts · $390K emplr
2023$13.2M · 354 accts · $385K emplr
2022$11.2M · 366 accts · $350K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,998
Investment management$42,973
Total administrative$94,971
The Bosselman Administrative Services, Inc. 401(k) match · 2024
Employer contribution per active participant$423
Median for plans this size$2,416
2024$423 per active participant
2023$435 per active participant
2022$413 per active participant

Bosselman Administrative Services, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$51,998
USI ADVISORS INC · Consulting · Investment advisory (plan)$42,973

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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Administrative cost history3
2024$94,971 · 0.69%
2023$90,356 · 0.74%
2022$41,283 · 0.35%
Same employer
Similar plansRetail Trade · Nebraska
Builders Warehouse, Inc. NE$17.2M · 0.33%
Exchange Company NE$16.9M · 0.52%
Nebraskaland Tire, Inc. NE$16.1M · 0.12%
Gregg Young Chevrolet, Inc. NE$15.9M · 1.06%
Aai, Inc. NE$13.7M · 0.57%
Interstate Auto Group, Inc. NE$11.8M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271843513 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.