Plan Ledger DOL Form 5500 · updated monthly

Cassling401(k)

CASSLING 401K SAVINGS PLAN · OMAHA, NE · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Cassling reported $104,418 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $11,570 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 0.16% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 87th-largest of 565 plans among Nebraska employers on file, and the 1,854th of 11,654 in professional & technical services. In 2024, employees put in $1.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$78,478,288
Participants with balances240
Active participants184
Employer contributions$2,128,834
Employee contributions$2,500,585
Employer contribution per active participant$11,570
Average account balance$326,993
Benefits paid to participants$6,427,404
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$78.5M · 240 accts · $2.1M emplr
2023$69.2M · 232 accts · $1.8M emplr
2022$56.7M · 224 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,418
Investment management$55,000
Total administrative$104,418
The Cassling 401(k) match · 2024
Employer contribution per active participant$11,570
Median for plans this size$3,635
2024$11,570 per active participant
2023$9,903 per active participant
2022$10,053 per active participant

Cassling's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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
JOHN HANCOCK · Recordkeeping · Loan processing$49,418
D A DAVIDSON AND CO · Investment advisory (participants) · Investment advisory (plan)$55,000

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$104,418 · 0.14%
2023$101,970 · 0.16%
2022$104,567 · 0.16%
Same employer
Similar plansProfessional & Technical Services · Nebraska
Gallup, Inc. NE$263.1M · 0.10%
Leo a Daly Company NE$172.6M · 0.11%
Baird Holm LLP NE$109.5M · 0.21%
Celerion, Inc. NE$68.0M · 0.23%
Koley Jessen P.C., L.L.O. NE$62.0M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470673457 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.