Plan Ledger DOL Form 5500 · updated monthly

Elliott Equipment Company401(k)

ELLIOTT EQUIPMENT COMPANY SAVINGS AND RETIREMENT PLAN · OMAHA, NE · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Elliott Equipment Company reported $58,720 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,692 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 0.511%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Nebraska (335th of 565), and 7,800th of 13,661 in manufacturing. In 2024, employees put in $2.83 for every $1.00 the employer contributed; active participation has grown from 145 to 204 since 2022.

Plan summary
Net assets, end of year$12,749,952
Participants with balances225
Active participants204
Employer contributions$345,126
Employee contributions$977,846
Employer contribution per active participant$1,692
Average account balance$56,666
Benefits paid to participants$455,397
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.7M · 225 accts · $345K emplr
2023$10.2M · 208 accts · $304K emplr
2022$8.5M · 185 accts · $182K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,444
Investment management$27,276
Total administrative$58,720
The Elliott Equipment Company 401(k) match · 2024
Employer contribution per active participant$1,692
Median for plans this size$2,416
2024$1,692 per active participant
2023$1,662 per active participant
2022$1,256 per active participant

Elliott Equipment Company's 2024 employer contribution ran below 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 · 20242
USI ADVISORS INC · Investment advisory (plan)$27,276

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$58,720 · 0.51%
2023$46,656 · 0.50%
2022$47,186 · 0.51%
Same employer
Similar plansManufacturing · Nebraska
Garner Industries, LLC NE$14.5M · 0.37%
Endicott Clay Products Co. NE$14.2M · 0.51%
Kaapa Ethanol Holdings, LLC NE$13.6M · 0.13%
Consolidated Concrete Co. NE$11.0M · 0.71%
Richardson Milling Inc. NE$10.3M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470741258 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.