Plan Ledger DOL Form 5500 · updated monthly

First State Holding Co.401(k)

FIRST STATE HOLDING CO. 401(K) RETIREMENT PLAN · LINCOLN, NE · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

First State Holding Co. reported $41,704 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $3,106 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 0.25% to 0.26%. 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 among the smaller plans on file in Nebraska (289th of 565), and 3,359th of 4,798 in finance & insurance. In 2024, employees put in $2.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,433,096
Participants with balances179
Active participants141
Employer contributions$437,880
Employee contributions$878,429
Employer contribution per active participant$3,106
Average account balance$91,805
Benefits paid to participants$1,993,212
Plan auditUnmodified (clean) audit opinion
AuditorBERGANKDV
Plan history3
Yearassets · accounts · employer contribution
2024$16.4M · 179 accts · $438K emplr
2023$15.3M · 184 accts · $425K emplr
2022$14.3M · 186 accts · $402K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,444
Investment management$37,260
Total administrative$41,704
The First State Holding Co. 401(k) match · 2024
Employer contribution per active participant$3,106
Median for plans this size$2,416
2024$3,106 per active participant
2023$2,871 per active participant
2022$2,643 per active participant

First State Holding Co.'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
PRIME CAPITAL INVESTMENT ADVISORS · Investment advisory (plan)$37,260

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$41,704 · 0.26%
2023$38,621 · 0.26%
2022$37,950 · 0.25%
Similar plansFinance & Insurance · Nebraska
Bankfirst NE$17.3M · 0.11%
First Nebraska Bancs, Inc. NE$17.1M · 0.42%
Core Bank NE$15.9M · 0.36%
Charter West Bank NE$15.7M · 0.04%
Hansen-Mueller Co. NE$15.6M · 0.18%
Access Bank NE$14.0M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470593732 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.