Plan Ledger DOL Form 5500 · updated monthly

Farmers Mutual Insurance Co. of Ne401(k)

FARMERS MUTUAL 401(K) SAVINGS PLAN · LINCOLN, NE · plan year 2025

Reported admin expense ratio · 2025
0.14%

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

Farmers Mutual Insurance Co. of Ne reported $120,962 in plan administrative expenses for 2025: 0.14% of average plan assets, above the peer median. Employer contributions averaged $4,188 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 4 years on file its reported administrative ratio has held roughly steady near 0.139%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other finance & insurance employers. By assets it is the 69th-largest of 565 plans among Nebraska employers on file, and the 1,060th of 4,798 in finance & insurance. In 2025, employees put in $2.39 for every $1.00 the employer contributed; active participation has grown from 304 to 350 since 2022.

Plan summary
Net assets, end of year$93,097,585
Participants with balances373
Active participants350
Employer contributions$1,465,725
Employee contributions$3,497,198
Employer contribution per active participant$4,188
Average account balance$249,591
Benefits paid to participants$8,796,710
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$93.1M · 373 accts · $1.5M emplr
2024$81.4M · 355 accts · $1.3M emplr
2023$70.2M · 342 accts · $1.3M emplr
2022$57.4M · 323 accts · $1.1M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$120,962
Total administrative$120,962
The Farmers Mutual Insurance Co. of Ne 401(k) match · 2025
Employer contribution per active participant$4,188
Median for plans this size$4,093
2025$4,188 per active participant
2024$3,864 per active participant
2023$4,060 per active participant
2022$3,575 per active participant

Farmers Mutual Insurance Co. of Ne's 2025 employer contribution ran above the $4,093 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$120,962
D A DAVIDSON & CO · 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 history4
2025$120,962 · 0.14%
2024$114,423 · 0.15%
2023$103,106 · 0.16%
2022$87,175 · 0.14%
Same employer
Similar plansFinance & Insurance · Nebraska
Lauritzen Corporation NE$96.0M · 0.02%
American National Bank NE$81.8M · 0.15%
First York Ban Corp NE$54.7M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470157205 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.