Plan Ledger DOL Form 5500 · updated monthly

Mutual of Omaha Insurance Company401(k)

MUTUAL OF OMAHA 401K RETIREMENT SAVINGS PLAN · OMAHA, NE · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Mutual of Omaha Insurance Company reported $110,021 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,942 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 1 year on file its reported administrative ratio fell from 0.013% to 0.012%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other finance & insurance employers. By assets it is the 6th-largest of 565 plans among Nebraska employers on file, and the 175th of 4,798 in finance & insurance. In 2024, employees put in $1.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,017,450,258
Participants with balances7,166
Active participants6,050
Employer contributions$41,996,898
Employee contributions$44,132,959
Employer contribution per active participant$6,942
Average account balance$141,983
Benefits paid to participants$53,270,451
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.0B · 7,166 accts · $42.0M emplr
2023$848.8M · 6,688 accts · $39.9M emplr
2022$663.7M · 6,533 accts · $36.9M emplr
Administrative expenses, itemized · 2024
Audit (IQPA)$110,021
Total administrative$110,021
The Mutual of Omaha Insurance Company 401(k) match · 2024
Employer contribution per active participant$6,942
Median for plans this size$4,294
2024$6,942 per active participant
2023$6,861 per active participant
2022$6,608 per active participant

Mutual of Omaha Insurance Company's 2024 employer contribution ran above the $4,294 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 · 20242
ASCENSUS LLC · Recordkeeping · Loan processing$155,971
MATRIX FINANCIAL SOLUTIONS · Custodial (securities) · Other servicesindirect 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
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$110,021 · 0.01%
2023$102,049 · 0.01%
2022Not separately reported
All plans at this employer2
MUTUAL OF OMAHA 401K LONG-TERM SAVINGS PLAN401(k)
MUTUAL OF OMAHA 401K RETIREMENT SAVINGS PLAN401(k)
Same employer
Similar plansFinance & Insurance · Nebraska
Assuredpartners, Inc. FL$1.1B · 0.07%
The Hometown Savings Bank IN$1.0B · 0.00%
Popular, Inc. PR$1.0B · 0.02%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 470246511 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.