Plan Ledger DOL Form 5500 · updated monthly

Fnc, Inc401(k) + ESOP (KSOP)

FNC, INC SAVINGS AND INVESTMENT PLAN · OMAHA, NE · plan year 2022

Reported admin expense ratio · 2022
0.00%

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

Fnc, Inc reported $4,417 in plan administrative expenses for 2022: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,988 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 0.003% to 0.003%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 43rd-largest of 565 plans among Nebraska employers on file, and the 19th of 945 in agriculture, forestry & fishing. In 2022, employees put in $1.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$169,997,355
Participants with balances364
Active participants275
Employer contributions$1,371,583
Employee contributions$2,230,294
Employer contribution per active participant$4,988
Average account balance$467,026
Benefits paid to participants$17,219,015
Plan auditUnmodified (clean) audit opinion
AuditorLUTZ
Plan history3
Yearassets · accounts · employer contribution
2024$168.5M · 369 accts · $1.4M emplr
2023$169.1M · 365 accts · $1.3M emplr
2022$170.0M · 364 accts · $1.4M emplr
The Fnc, Inc 401(k) match · 2022
Employer contribution per active participant$4,988
Median for plans this size$3,449
2024$5,178 per active participant
2023$4,873 per active participant
2022$4,988 per active participant

Fnc, Inc's 2022 employer contribution ran above the $3,449 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$5,597 · 0.00%
2023$5,542 · 0.00%
2022$4,417 · 0.00%
Same employer
Similar plansAgriculture, Forestry & Fishing · Nebraska
Wright Service Corp. IA$232.4M · 0.00%
AG Processing Inc NE$187.5M · 0.13%
Olam Americas, Inc. CA$175.6M · 0.12%
Driscoll's, Inc. CA$170.1M · 0.02%
Fieldale Farms Corporation GA$164.2M · 0.31%
Aviagen, Inc. AL$162.7M · 0.03%
Urus Group LP WI$157.3M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470832320 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.