Plan Ledger DOL Form 5500 · updated monthly

Malnove Holding Company, Inc.401(k)

MALNOVE HOLDING COMPANY, INC. 401(K) PLAN · OMAHA, NE · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Malnove Holding Company, Inc. reported $135,042 in plan administrative expenses for 2024: 0.27% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,668 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 0.30% to 0.27%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 127th-largest of 565 plans among Nebraska employers on file, and the 3,117th of 13,661 in manufacturing. In 2024, employees put in $2.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$50,697,369
Participants with balances661
Active participants492
Employer contributions$1,312,429
Employee contributions$3,562,939
Employer contribution per active participant$2,668
Average account balance$76,698
Benefits paid to participants$11,049,874
Plan auditUnmodified (clean) audit opinion
AuditorLUTZ & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$50.7M · 661 accts · $1.3M emplr
2023$50.3M · 716 accts · $1.5M emplr
2022$44.9M · 711 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$134,842
Total administrative$135,042
The Malnove Holding Company, Inc. 401(k) match · 2024
Employer contribution per active participant$2,668
Median for plans this size$3,635
2024$2,668 per active participant
2023$2,874 per active participant
2022$2,732 per active participant

Malnove Holding Company, Inc.'s 2024 employer contribution ran below the $3,635 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 RETIREMENT SVCS · Recordkeeping · Loan processing$134,392
WEALTHPLAN PARTNERS LLCindirect 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
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$135,042 · 0.27%
2023$155,833 · 0.33%
2022$150,370 · 0.30%
Same employer
Similar plansManufacturing · Nebraska
Drake-Williams Steel, Inc. NE$66.4M · 0.00%
Hexagon USA Holdings, Inc. NE$63.8M · 0.12%
Claas of America Inc. NE$52.9M · 0.19%
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%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470750899 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.