Plan Ledger DOL Form 5500 · updated monthly

Mdwest One, P.C.401(k)

MDWEST ONE, P. C. PROFIT SHARING PLAN · OMAHA, NE · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Mdwest One, P.C. reported $139,130 in plan administrative expenses for 2024: 0.22% of average plan assets, above the peer median. Employer contributions averaged $18,350 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 0.21% to 0.22%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 99th-largest of 565 plans among Nebraska employers on file, and the 1,485th of 11,911 in health care & social assistance. In 2024, the employer put in $2.34 for every $1.00 employees contributed themselves; active participation has grown from 178 to 204 since 2022.

Plan summary
Net assets, end of year$67,142,987
Participants with balances305
Active participants204
Employer contributions$3,743,305
Employee contributions$1,599,061
Employer contribution per active participant$18,350
Average account balance$220,141
Benefits paid to participants$3,818,267
Plan auditUnmodified (clean) audit opinion
AuditorBLACKMAN & ASSOCIATES, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$67.1M · 305 accts · $3.7M emplr
2023$57.2M · 255 accts · $1.9M emplr
2022$46.3M · 223 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$139,130
Total administrative$139,130
The Mdwest One, P.C. 401(k) match · 2024
Employer contribution per active participant$18,350
Median for plans this size$3,635
2024$18,350 per active participant
2023$9,528 per active participant
2022$10,823 per active participant

Mdwest One, P.C.'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 · 20246
NATIONWIDE · Recordkeeping · Custodial$98,518
NEWPORT GROUP BENEFITS CONSULTANTS · Recordkeeping · Other services$40,307
NEWPORT GROUP, INC. · Recordkeeping · Other services$31,023
IFP ADVISORS, INC. · Investment advisory (participants)$45,008
REALIZE WEALTH MANAGE GROUP · Custodial (securities) · Other services$23,436
NORTHWESTERN MUTUAL INV. SRVCS · Investment advisory (participants)indirect 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
2024Nationwide, Newport (Ascensus)
2023Nationwide, Newport (Ascensus)

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

Administrative cost history3
2024$139,130 · 0.22%
2023$114,470 · 0.22%
2022$110,679 · 0.21%
Same employer
Similar plansHealth Care & Social Assistance · Nebraska
Vetter Senior Living NE$86.1M · 0.00%
Immanuel NE$53.4M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470619405 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.