Plan Ledger DOL Form 5500 · updated monthly

National Research Corporation401(k)

NRC HEALTH 401(K) RETIREMENT PLAN · LINCOLN, NE · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

National Research Corporation reported $100,219 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $1,458 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 0.27% to 0.19%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 113th-largest of 565 plans among Nebraska employers on file, and the 2,557th of 11,654 in professional & technical services. In 2024, employees put in $6.95 for every $1.00 the employer contributed; active participation has shrunk from 488 to 365 since 2022.

Plan summary
Net assets, end of year$55,407,150
Participants with balances666
Active participants365
Employer contributions$532,280
Employee contributions$3,699,175
Employer contribution per active participant$1,458
Average account balance$83,194
Benefits paid to participants$5,106,925
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$55.4M · 666 accts · $532K emplr
2023$48.2M · 714 accts · $561K emplr
2022$38.6M · 755 accts · $581K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$96,654
Investment management$3,565
Total administrative$100,219
The National Research Corporation 401(k) match · 2024
Employer contribution per active participant$1,458
Median for plans this size$3,635
2024$1,458 per active participant
2023$1,293 per active participant
2022$1,191 per active participant

National Research Corporation's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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
JOHN HANCOCK · Recordkeeping · Loan processing$101,805

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$100,219 · 0.19%
2023$110,023 · 0.25%
2022$110,172 · 0.27%
Same employer
Similar plansProfessional & Technical Services · Nebraska
Cassling NE$78.5M · 0.14%
Celerion, Inc. NE$68.0M · 0.23%
Koley Jessen P.C., L.L.O. NE$62.0M · 0.14%
Fraser Stryker PC Llo NE$54.8M · 0.06%
Jeo,Inc. NE$51.1M · 0.22%
Midwest Laboratories, Inc. NE$45.6M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470634000 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.