Plan Ledger DOL Form 5500 · updated monthly

Central States Health & Life Co. of Omaha401(k)

CENTRAL STATES HEALTH & LIFE CO. OF OMAHA PROGRESS SHARING & SAVINGS PLAN · OMAHA, NE · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Central States Health & Life Co. of Omaha reported $32,211 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,721 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 0.08% to 0.07%. 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 the 121st-largest of 565 plans among Nebraska employers on file, and the 1,610th of 4,798 in finance & insurance. In 2024, employees put in $1.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$52,109,616
Participants with balances136
Active participants86
Employer contributions$664,013
Employee contributions$752,452
Employer contribution per active participant$7,721
Average account balance$383,159
Benefits paid to participants$2,329,263
Plan auditUnmodified (clean) audit opinion
AuditorMCFARLIN & BROKKE, P.C
Plan history3
Yearassets · accounts · employer contribution
2024$52.1M · 136 accts · $664K emplr
2023$46.1M · 144 accts · $652K emplr
2022$51.2M · 150 accts · $686K emplr
The Central States Health & Life Co. of Omaha 401(k) match · 2024
Employer contribution per active participant$7,721
Median for plans this size$2,416
2024$7,721 per active participant
2023$7,084 per active participant
2022$7,297 per active participant

Central States Health & Life Co. of Omaha's 2024 employer contribution ran above the $2,416 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
THE VANGUARD GROUP, INC. · Recordkeeping · Trustee (directed)$26,855
VANGUARD ADVISERS INC. · Investment advisory (participants)$5,636

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$32,211 · 0.07%
2023$32,446 · 0.07%
2022$45,388 · 0.08%
Same employer
Similar plansFinance & Insurance · Nebraska
American National Bank NE$81.8M · 0.15%
First York Ban Corp NE$54.7M · 0.07%
Carson Group Holdings, LLC NE$40.2M · 0.41%
Adams Bank & Trust NE$37.3M · 0.37%
Five Points Bank NE$34.4M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470123035 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.