Plan Ledger DOL Form 5500 · updated monthly

National Indemnity Company401(k)

NATIONAL INDEMNITY COMPANY EMPLOYEE RETIREMENT AND SAVINGS PLAN · OMAHA, NE · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

National Indemnity Company reported $28,591 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,940 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 fell from 0.010% to 0.005%. 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 15th-largest of 565 plans among Nebraska employers on file, and the 270th of 4,798 in finance & insurance. In 2024, employees put in $1.90 for every $1.00 the employer contributed; active participation has grown from 2,749 to 3,352 since 2022.

Plan summary
Net assets, end of year$600,103,014
Participants with balances3,942
Active participants3,352
Employer contributions$13,208,085
Employee contributions$25,140,080
Employer contribution per active participant$3,940
Average account balance$152,233
Benefits paid to participants$35,505,080
Plan auditUnmodified (clean) audit opinion
AuditorFRANKEL, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$600.1M · 3,942 accts · $13.2M emplr
2023$503.6M · 3,683 accts · $11.9M emplr
2022$403.0M · 3,361 accts · $10.2M emplr
The National Indemnity Company 401(k) match · 2024
Employer contribution per active participant$3,940
Median for plans this size$4,294
2024$3,940 per active participant
2023$3,867 per active participant
2022$3,728 per active participant

National Indemnity Company's 2024 employer contribution ran below 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$28,591
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$28,591 · 0.01%
2023$24,175 · 0.01%
2022$42,804 · 0.01%
Same employer
Similar plansFinance & Insurance · Nebraska
Ameritas Holding Company NE$821.8M · 0.03%
Nelnet, Inc. NE$755.2M · 0.10%
Union Bank & Trust Company NE$317.2M · 0.01%
Viterra USA Holdings, LLC NE$188.4M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470355979 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.