Plan Ledger DOL Form 5500 · updated monthly

First Insurance Group, LLC401(k)

THE HARRY A KOCH CO. 401(K) PLAN · OMAHA, NE · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

First Insurance Group, LLC reported $61,183 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $3,380 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 0.22%. 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 196th-largest of 565 plans among Nebraska employers on file, and 2,444th of 4,798 in finance & insurance. In 2024, employees put in $3.25 for every $1.00 the employer contributed; active participation has shrunk from 157 to 129 since 2022.

Plan summary
Net assets, end of year$29,432,040
Participants with balances174
Active participants129
Employer contributions$436,082
Employee contributions$1,415,408
Employer contribution per active participant$3,380
Average account balance$169,150
Benefits paid to participants$1,805,249
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$29.4M · 174 accts · $436K emplr
2023$26.1M · 195 accts · $450K emplr
2022$22.5M · 191 accts · $400K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,711
Investment management$41,472
Total administrative$61,183
The First Insurance Group, LLC 401(k) match · 2024
Employer contribution per active participant$3,380
Median for plans this size$2,416
2024$3,380 per active participant
2023$3,061 per active participant
2022$2,548 per active participant

First Insurance Group, LLC'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 · 20242
ASCENSUS LLC · Loan processing · Recordkeeping$19,711
PRIME CAPITAL INVESTMENT · Investment advisory (plan)$41,472

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$61,183 · 0.22%
2023$56,897 · 0.23%
2022$51,487 · 0.21%
Similar plansFinance & Insurance · Nebraska
Carson Group Holdings, LLC NE$40.2M · 0.41%
Adams Bank & Trust NE$37.3M · 0.37%
Five Points Bank NE$34.4M · 0.19%
Signature Performance, Inc. NE$26.9M · 0.85%
Cornhusker Bank NE$22.7M · 0.23%
C.S.B. Co. NE$22.6M · 0.06%
West Gate Bank NE$21.9M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710974968 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.