Plan Ledger DOL Form 5500 · updated monthly

Core Bank401(k)

CORE BANK PROFIT SHARING PLAN AND TRUST · OMAHA, NE · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Core Bank reported $53,717 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $3,683 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 3 years on file its reported administrative ratio has held roughly steady near 0.36%. 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 among the smaller plans on file in Nebraska (294th of 565), and 3,417th of 4,798 in finance & insurance. In 2024, employees put in $2.05 for every $1.00 the employer contributed; active participation has grown from 106 to 129 since 2022.

Plan summary
Net assets, end of year$15,901,206
Participants with balances170
Active participants129
Employer contributions$475,124
Employee contributions$976,022
Employer contribution per active participant$3,683
Average account balance$93,537
Benefits paid to participants$1,850,274
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.9M · 170 accts · $475K emplr
2023$13.9M · 183 accts · $492K emplr
2022$11.0M · 152 accts · $434K emplr
Administrative expenses, itemized · 2024
Investment management$49,060
Trustee / custodial$4,657
Total administrative$53,717
The Core Bank 401(k) match · 2024
Employer contribution per active participant$3,683
Median for plans this size$2,416
2024$3,683 per active participant
2023$3,537 per active participant
2022$4,097 per active participant

Core Bank's 2024 employer contribution ran above the $2,416 median for plans its size. 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
SECURITY NATIONAL BANK · Investment management · Trustee$49,060
CHARLES SCHWAB TRUST BANK · Investment advisory (participants) · Custodial (securities)$4,657
CHARLES SCHWAB & CO., INC. · Custodial (securities)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$53,717 · 0.36%
2023$44,547 · 0.36%
2022$43,122 · 0.35%
Same employer
Similar plansFinance & Insurance · Nebraska
Bankfirst NE$17.3M · 0.11%
First Nebraska Bancs, Inc. NE$17.1M · 0.42%
First State Holding Co. NE$16.4M · 0.26%
Charter West Bank NE$15.7M · 0.04%
Hansen-Mueller Co. NE$15.6M · 0.18%
Access Bank NE$14.0M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470804165 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.