Plan Ledger DOL Form 5500 · updated monthly

Nebraska Medicine403(b)

NEBRASKA MEDICINE RETIREMENT PLAN - BASE AND MATCHING CONTRIBUTIONS · OMAHA, NE · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Nebraska Medicine reported $532,014 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $5,467 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 3 years on file its reported administrative ratio has held roughly steady near 0.062%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 8th-largest of 565 plans among Nebraska employers on file, and the 206th of 11,911 in health care & social assistance. active participation has grown from 9,428 to 10,573 since 2022.

Plan summary
Net assets, end of year$918,628,577
Participants with balances9,011
Active participants10,573
Employer contributions$57,803,566
Employee contributions—
Employer contribution per active participant$5,467
Average account balance$101,945
Benefits paid to participants$63,131,637
Plan auditUnmodified (clean) audit opinion
AuditorLUTZ & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$918.6M · 9,011 accts · $57.8M emplr
2023$805.3M · 8,657 accts · $51.8M emplr
2022$664.4M · 8,363 accts · $48.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$460,338
Investment management$46,500
Audit (IQPA)$25,000
Total administrative$532,014
Employer contributions to the Nebraska Medicine plan · 2024
Employer contribution per active participant$5,467
Median for plans this size$4,294
2024$5,467 per active participant
2023$5,262 per active participant
2022$5,133 per active participant

Nebraska Medicine'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 · 20246
EMPOWER ANNUITY INSURANCE COMPANY · Contract administrator · Recordkeeping$460,222
NATIONAL FINANCIAL SERVICES, LLC · Recordkeepingindirect comp
GALLAGHER BENEFIT SERVICES INC DBA · Investment advisory (plan)$46,500
LUTZ & COMPANY PC · Accounting / audit$25,000
EMPOWER FINANCIAL SERVICES, INC. · Securities brokerage$505

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

Recordkeeper by year2
2024Empower, NATIONAL FINANCIAL SERVICES, LLC
2023Prudential

This plan has changed recordkeepers within these filings. If you left Nebraska Medicine before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$532,014 · 0.06%
2023$486,311 · 0.07%
2022$451,591 · 0.06%
All plans at this employer2
NEBRASKA MEDICINE RETIREMENT PLAN - EMPLOYEE CONTRIBUTIONS403(b)
NEBRASKA MEDICINE RETIREMENT PLAN - BASE AND MATCHING CONTRIBUTIONS403(b)
Same employer
Similar plansHealth Care & Social Assistance · Nebraska
Parkview Health System, Inc. IN$928.5M · 0.01%
Bryan Health NE$926.9M · 0.07%
Health First, Inc. FL$903.0M · 0.11%
Covenant Health TN$894.1M · 0.06%
Aspirus, Inc. WI$893.4M · 0.13%
Hospital for Special Surgery NY$866.1M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911858433 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.