Plan Ledger DOL Form 5500 · updated monthly

Metropolitan Entertainment & Convention Authority401(k)

MECA 401(K) PROFIT SHARING PLAN · OMAHA, NE · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Metropolitan Entertainment & Convention Authority reported $12,920 in plan administrative expenses for 2024: 0.14% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,981 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 0.01% to 0.14%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in Nebraska (372nd of 565), and 695th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $3.04 for every $1.00 the employer contributed; active participation has grown from 80 to 110 since 2022.

Plan summary
Net assets, end of year$9,694,941
Participants with balances134
Active participants110
Employer contributions$217,895
Employee contributions$662,993
Employer contribution per active participant$1,981
Average account balance$72,350
Benefits paid to participants$1,230,190
Plan auditUnmodified (clean) audit opinion
AuditorBLAND & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$9.7M · 134 accts · $218K emplr
2023$8.8M · 124 accts · $185K emplr
2022$7.0M · 105 accts · $148K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,983
Investment management$4,937
Total administrative$12,920
The Metropolitan Entertainment & Convention Authority 401(k) match · 2024
Employer contribution per active participant$1,981
Median for plans this size$1,313
2024$1,981 per active participant
2023$1,818 per active participant
2022$1,845 per active participant

Metropolitan Entertainment & Convention Authority's 2024 employer contribution ran above the $1,313 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
ASCENSUS LLC · Loan processing · Securities brokerage$7,782
MUTUAL OF OMAHA INVESTOR SERVICES, · Investment advisory (plan)$4,137
UNITED OF OMAHA$200

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$12,920 · 0.14%
2023$907 · 0.01%
2022$1,175 · 0.01%
Same employer
Similar plansArts, Entertainment & Recreation · Nebraska
Uss Midway Museum CA$9.7M · 0.55%
Dallas Arboretum TX$9.7M · 0.32%
Lucky Eagle Casino WA$9.6M · 0.39%
Newport Diversified, Inc. CA$9.6M · 0.20%
Movement Management, LLC CO$9.6M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911846837 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.