Plan Ledger DOL Form 5500 · updated monthly

Greater Omaha Packing Co., Inc.401(k)

GREATER OMAHA PACKING CO., INC. 401(K) SAVINGS PLAN · OMAHA, NE · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Greater Omaha Packing Co., Inc. reported $150,355 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $1,609 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 0.40% to 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 145th-largest of 565 plans among Nebraska employers on file, and the 3,505th of 13,661 in manufacturing. In 2024, employees put in $1.97 for every $1.00 the employer contributed; active participation has grown from 1,331 to 1,478 since 2022.

Plan summary
Net assets, end of year$42,949,763
Participants with balances1,631
Active participants1,478
Employer contributions$2,377,548
Employee contributions$4,674,583
Employer contribution per active participant$1,609
Average account balance$26,333
Benefits paid to participants$6,375,007
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$42.9M · 1,631 accts · $2.4M emplr
2023$37.1M · 1,448 accts · $2.3M emplr
2022$30.7M · 1,462 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$150,355
Total administrative$150,355
The Greater Omaha Packing Co., Inc. 401(k) match · 2024
Employer contribution per active participant$1,609
Median for plans this size$2,416
2024$1,609 per active participant
2023$1,785 per active participant
2022$1,600 per active participant

Greater Omaha Packing Co., Inc.'s 2024 employer contribution ran below 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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$150,355

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$150,355 · 0.38%
2023$129,378 · 0.38%
2022$131,871 · 0.40%
Same employer
Similar plansManufacturing · Nebraska
Hughes Brothers, Inc. NE$48.4M · 0.08%
Timpte Industries Inc NE$47.8M · 0.18%
Landmark Implement, Inc. NE$45.0M · 0.42%
Standard Nutrition Company NE$43.4M · 0.23%
Kelley Bean Co. Inc. NE$33.1M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470424147 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.