Plan Ledger DOL Form 5500 · updated monthly

Father Flanagan's Boys' Home401(k)

RETIREMENT SAVINGS PLAN OF FATHER FLANAGAN'S BOYS' HOME · BOYS TOWN, NE · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Father Flanagan's Boys' Home reported $479,396 in plan administrative expenses for 2024: 0.13% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,720 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 fell from 0.15% to 0.13%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other educational services employers. By assets it is the 24th-largest of 565 plans among Nebraska employers on file, and the 142nd of 3,091 in educational services. In 2024, employees put in $1.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$383,520,924
Participants with balances4,624
Active participants3,272
Employer contributions$12,172,962
Employee contributions$15,879,573
Employer contribution per active participant$3,720
Average account balance$82,941
Benefits paid to participants$32,692,078
Plan auditUnmodified (clean) audit opinion
AuditorLUTZ AND COMPANY, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$383.5M · 4,624 accts · $12.2M emplr
2023$337.4M · 4,585 accts · $10.7M emplr
2022$283.2M · 4,344 accts · $9.5M emplr
Administrative expenses, itemized · 2024
Trustee / custodial$479,396
Total administrative$479,396
The Father Flanagan's Boys' Home 401(k) match · 2024
Employer contribution per active participant$3,720
Median for plans this size$4,294
2024$3,720 per active participant
2023$3,273 per active participant
2022$3,152 per active participant

Father Flanagan's Boys' Home's 2024 employer contribution ran below the $4,294 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 · 20241
VANGUARD GROUP, INC. · Recordkeeping · Consulting$479,396

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$479,396 · 0.13%
2023$516,981 · 0.17%
2022$466,414 · 0.15%
All plans at this employer2
RETIREMENT SAVINGS PLAN OF FATHER FLANAGAN'S BOYS' HOME401(k)
FATHER FLANAGAN'S BOYS' HOME TAX FAVORED SAVINGS PLAN403(b)
Same employer
Similar plansEducational Services · Nebraska
Creighton University NE$684.0M · 0.07%
Carleton College MN$396.7M · 0.07%
Providence College RI$393.5M · 0.05%
Colorado College CO$381.5M · 0.08%
Trinity College CT$381.4M · 0.04%
Pomona College CA$380.0M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470376606 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.