Plan Ledger DOL Form 5500 · updated monthly

Cornhusker Bank401(k)

CORNHUSKER BANK EMPLOYEES 401(K) PLAN · LINCOLN, NE · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Cornhusker Bank reported $47,025 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $3,116 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 0.21% to 0.23%. 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 225th-largest of 565 plans among Nebraska employers on file, and 2,859th of 4,798 in finance & insurance. In 2024, employees put in $2.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,674,687
Participants with balances141
Active participants130
Employer contributions$405,136
Employee contributions$862,029
Employer contribution per active participant$3,116
Average account balance$160,813
Benefits paid to participants$1,182,837
Plan auditUnmodified (clean) audit opinion
AuditorT.E. LOTT
Plan history3
Yearassets · accounts · employer contribution
2024$22.7M · 141 accts · $405K emplr
2023$19.1M · 146 accts · $379K emplr
2022$16.5M · 152 accts · $376K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,800
Investment management$45,225
Total administrative$47,025
The Cornhusker Bank 401(k) match · 2024
Employer contribution per active participant$3,116
Median for plans this size$2,416
2024$3,116 per active participant
2023$2,935 per active participant
2022$2,934 per active participant

Cornhusker 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
DA DAVIDSON & CO · Investment advisory (plan)$41,521
EMPOWER ADVISORY GROUP, LLC · Investment management$3,704

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$47,025 · 0.23%
2023$39,085 · 0.22%
2022$37,935 · 0.21%
Similar plansFinance & Insurance · Nebraska
Five Points Bank NE$34.4M · 0.19%
First Insurance Group, LLC NE$29.4M · 0.22%
Signature Performance, Inc. NE$26.9M · 0.85%
C.S.B. Co. NE$22.6M · 0.06%
West Gate Bank NE$21.9M · 0.14%
Unico Group, Inc. NE$20.8M · 0.02%
Heartland Bank NE$19.7M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470157560 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.