Plan Ledger DOL Form 5500 · updated monthly

Hausmann Construction, Inc.401(k)

HAUSMANN CONSTRUCTION, INC. 401(K) PROFIT SHARING PLAN · LINCOLN, NE · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Hausmann Construction, Inc. reported $126,088 in plan administrative expenses for 2024: 0.59% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,796 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 0.65% to 0.59%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 217th-largest of 565 plans among Nebraska employers on file, and the 4,939th of 11,654 in professional & technical services. In 2024, employees put in $1.88 for every $1.00 the employer contributed; active participation has grown from 313 to 475 since 2022.

Plan summary
Net assets, end of year$23,770,887
Participants with balances521
Active participants475
Employer contributions$1,328,161
Employee contributions$2,499,022
Employer contribution per active participant$2,796
Average account balance$45,626
Benefits paid to participants$2,887,647
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.8M · 521 accts · $1.3M emplr
2023$18.7M · 464 accts · $1.1M emplr
2022$9.3M · 223 accts · $592K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$69,949
Investment management$56,139
Total administrative$126,088
The Hausmann Construction, Inc. 401(k) match · 2024
Employer contribution per active participant$2,796
Median for plans this size$2,416
2024$2,796 per active participant
2023$2,391 per active participant
2022$1,891 per active participant

Hausmann Construction, Inc.'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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$3,750
RAYMOND JAMES FSA INC. · Investment advisory (participants)$55,146
WILSHIRE ASSOCIATES INC. (USA) · Investment advisory (participants)$994

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$126,088 · 0.59%
2023$100,752 · 0.72%
2022$62,037 · 0.65%
Same employer
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Marketsphere Holdings LLC NE$26.8M · 0.26%
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Sojern, Inc. NE$26.4M · 0.29%
Swanson Russell NE$23.3M · 0.13%
Security Equipment Inc. NE$23.1M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 450523054 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.