Plan Ledger DOL Form 5500 · updated monthly

Five Points Bank401(k)

FIVE POINTS BANK 401(K) PLAN · GRAND ISLAND, NE · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Five Points Bank reported $63,647 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $3,430 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 0.23% to 0.19%. 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 176th-largest of 565 plans among Nebraska employers on file, and the 2,207th of 4,798 in finance & insurance. In 2024, employees put in $1.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,352,451
Participants with balances227
Active participants228
Employer contributions$782,007
Employee contributions$1,398,847
Employer contribution per active participant$3,430
Average account balance$151,332
Benefits paid to participants$2,981,257
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$34.4M · 227 accts · $782K emplr
2023$31.2M · 278 accts · $740K emplr
2022$26.9M · 256 accts · $713K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,413
Investment management$36,934
Total administrative$63,647
The Five Points Bank 401(k) match · 2024
Employer contribution per active participant$3,430
Median for plans this size$2,416
2024$3,430 per active participant
2023$3,176 per active participant
2022$3,287 per active participant

Five Points Bank'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 · 20243
CREATIVE PLANNING LLC · Investment advisory (plan)$49,934
QDRO CONSULTANTS CO LLC$300

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$63,647 · 0.19%
2023$72,278 · 0.25%
2022$67,637 · 0.23%
Similar plansFinance & Insurance · Nebraska
Carson Group Holdings, LLC NE$40.2M · 0.41%
Adams Bank & Trust NE$37.3M · 0.37%
First Insurance Group, LLC NE$29.4M · 0.22%
Signature Performance, Inc. NE$26.9M · 0.85%
Cornhusker Bank NE$22.7M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470803224 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.