Plan Ledger DOL Form 5500 · updated monthly

Exchange Company401(k)

EXCHANGE COMPANY 401(K) PLAN · KEARNEY, NE · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Exchange Company reported $83,229 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,389 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 0.49% to 0.52%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Nebraska (285th of 565), and the 1,720th of 5,215 in retail trade. In 2024, employees put in $2.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,947,302
Participants with balances172
Active participants174
Employer contributions$415,756
Employee contributions$834,691
Employer contribution per active participant$2,389
Average account balance$98,531
Benefits paid to participants$1,320,925
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.9M · 172 accts · $416K emplr
2023$15.1M · 165 accts · $397K emplr
2022$12.7M · 167 accts · $359K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$70,316
Audit (IQPA)$12,913
Total administrative$83,229
The Exchange Company 401(k) match · 2024
Employer contribution per active participant$2,389
Median for plans this size$2,416
2024$2,389 per active participant
2023$2,292 per active participant
2022$2,111 per active participant

Exchange 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 · 20245
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$70,316
FORVIS MAZARS LLP · Accounting / audit$12,915
CAMBRIDGE INVESTMENT RESEARCH INC · Other servicesindirect comp
PINION, LLC · Contract administrator · Other servicesindirect comp
WILSHIRE ASSOCIATES LLC · Investment advisory (plan)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$83,229 · 0.52%
2023$72,592 · 0.52%
2022$67,283 · 0.49%
Similar plansRetail Trade · Nebraska
H&H Automotive LLC NE$21.1M · 0.38%
Omaha Track, Inc. NE$17.7M · 0.50%
Builders Warehouse, Inc. NE$17.2M · 0.33%
Nebraskaland Tire, Inc. NE$16.1M · 0.12%
Gregg Young Chevrolet, Inc. NE$15.9M · 1.06%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 470635346 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.