Plan Ledger DOL Form 5500 · updated monthly

Mid America Computer Corporation401(k)

MID AMERICA COMPUTER CORPORATION 401(K) PLAN · BLAIR, NE · plan year 2022

Reported admin expense ratio · 2022
0.32%

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

Mid America Computer Corporation reported $80,123 in plan administrative expenses for 2022: 0.32% of average plan assets, above the peer median. Employer contributions averaged $3,099 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other information & media employers. By assets it is the 233rd-largest of 565 plans among Nebraska employers on file, and the 992nd of 2,199 in information & media. In 2022, employees put in $2.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,419,962
Participants with balances140
Active participants114
Employer contributions$353,257
Employee contributions$737,952
Employer contribution per active participant$3,099
Average account balance$153,000
Benefits paid to participants$4,499,179
Plan auditUnmodified (clean) audit opinion
AuditorERICKSON AND BROOKS
Administrative expenses, itemized · 2022
Investment management$3,161
Total administrative$80,123
The Mid America Computer Corporation 401(k) match · 2022
Employer contribution per active participant$3,099
Median for plans this size$2,266

Mid America Computer Corporation's 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$80,123 · 0.32%
Similar plansInformation & Media · Nebraska
Telcor Inc NE$43.8M · 0.03%
Nedelco, Inc. NE$33.8M · 0.03%
Quantum Workplace NE$11.3M · 0.38%
Automated Systems, Inc. NE$4.2M · 0.16%
Rural Media Group Inc NE$1.2M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470566442 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.