Plan Ledger DOL Form 5500 · updated monthly

Foundation for Educational Services, Inc.401(k)

FOUNDATION FOR EDUCATIONAL SERVICES, INC. 401(K) PLAN · LINCOLN, NE · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Foundation for Educational Services, Inc. reported $83,155 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $11,665 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 0.09%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 70th-largest of 565 plans among Nebraska employers on file, and the 220th of 3,341 in other services. In 2024, the employer put in $1.14 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$91,978,666
Participants with balances236
Active participants177
Employer contributions$2,064,644
Employee contributions$1,807,663
Employer contribution per active participant$11,665
Average account balance$389,740
Benefits paid to participants$12,546,720
Plan auditUnmodified (clean) audit opinion
AuditorHBE, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$92.0M · 236 accts · $2.1M emplr
2023$87.8M · 233 accts · $2.0M emplr
2022$74.1M · 230 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,049
Investment management$50,106
Total administrative$83,155
The Foundation for Educational Services, Inc. 401(k) match · 2024
Employer contribution per active participant$11,665
Median for plans this size$3,635
2024$11,665 per active participant
2023$11,454 per active participant
2022$11,329 per active participant

Foundation for Educational Services, Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top quarter of its peers. 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
ONEAMERICA RETIREMENT SERVICES, LLC · Recordkeeping · Loan processing$33,049
GLOBAL RETIREMENT PARTNERS, LLC · Investment management$50,106
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$83,155 · 0.09%
2023$96,331 · 0.12%
2022$118,212 · 0.15%
Same employer
Similar plansOther Services · Nebraska
Duncan Aviation, Inc. NE$446.1M · 0.11%
Asbury Communities, Inc. MD$92.0M · 0.41%
Laz Karp Associates, LLC CT$90.7M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470703499 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.