Plan Ledger DOL Form 5500 · updated monthly

Nebraska Beef, LTD.401(k)

NEBRASKA BEEF, LTD 401(K) PROFIT SHARING PLAN · OMAHA, NE · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Nebraska Beef, LTD. reported $31,082 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $337 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 rose from 0.07% to 0.16%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 244th-largest of 565 plans among Nebraska employers on file, and the 238th of 945 in agriculture, forestry & fishing. In 2024, employees put in $5.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,439,022
Participants with balances473
Active participants930
Employer contributions$313,383
Employee contributions$1,629,608
Employer contribution per active participant$337
Average account balance$43,211
Benefits paid to participants$2,573,127
Plan auditUnmodified (clean) audit opinion
AuditorMCMILLEN DOVALI CO., P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$20.4M · 473 accts · $313K emplr
2023$18.9M · 412 accts · $302K emplr
2022$16.0M · 406 accts · $333K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,082
Total administrative$31,082
The Nebraska Beef, LTD. 401(k) match · 2024
Employer contribution per active participant$337
Median for plans this size$2,416
2024$337 per active participant
2023$330 per active participant
2022$355 per active participant

Nebraska Beef, LTD.'s 2024 employer contribution ran below the $2,416 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 · 20242
MCMILLEN DOVALI CO.$16,620
ASCENSUS HOLDINGS, INC. · Other servicesindirect 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$31,082 · 0.16%
2023$12,109 · 0.07%
2022$11,585 · 0.07%
Same employer
Similar plansAgriculture, Forestry & Fishing · Nebraska
Fnc, Inc NE$170.0M · 0.00%
Farmers Cooperative NE$27.0M · 0.24%
Frontier Cooperative NE$19.8M · 0.15%
Css Farms, LLC NE$17.7M · 0.37%
Foote Cattle Company, LLC NE$14.8M · 0.49%
Adams Land & Cattle, LLC NE$14.8M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470780054 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.