Plan Ledger DOL Form 5500 · updated monthly

Midwest Holding LLC401(k)

MIDWEST HOLDING LLC · LINCOLN, NE · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Midwest Holding LLC reported $3,608 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,986 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 $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Nebraska (425th of 565), and 4,295th of 4,798 in finance & insurance. In 2024, the employer put in $1.06 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$6,836,185
Participants with balances155
Active participants131
Employer contributions$1,046,125
Employee contributions$988,294
Employer contribution per active participant$7,986
Average account balance$44,104
Benefits paid to participants$185,082
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,533
Investment management$75
Total administrative$3,608
The Midwest Holding LLC 401(k) match · 2024
Employer contribution per active participant$7,986
Median for plans this size$1,313

Midwest Holding LLC's 2024 employer contribution ran above the $1,313 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 · 20241
ADP, INC. · Loan processing · Recordkeeping$3,608

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

Administrative cost history1
2024$3,608 · 0.07%
Similar plansFinance & Insurance · Nebraska
Inspro, Inc NE$8.4M · 1.38%
Heritage Bank NE$7.1M · 0.05%
Mm Finance, LLC NE$1.5M · 0.22%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 200362426 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.