Plan Ledger DOL Form 5500 · updated monthly

Nebraska Methodist Health System401(k)

METHODIST HEALTH SYSTEM 401(K) PLAN · 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 Methodist Health System reported $390,885 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $4,609 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 rose from 0.02% to 0.06%. 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 12th-largest of 565 plans among Nebraska employers on file, and the 261st of 11,911 in health care & social assistance. In 2024, employees put in $1.16 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$706,082,635
Participants with balances9,382
Active participants8,758
Employer contributions$40,364,592
Employee contributions$46,953,761
Employer contribution per active participant$4,609
Average account balance$75,259
Benefits paid to participants$58,306,175
Plan auditUnmodified (clean) audit opinion
AuditorLUTZ
Plan history2
Yearassets · accounts · employer contribution
2024$706.1M · 9,382 accts · $40.4M emplr
2023$590.1M · 8,978 accts · $23.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$321,782
Investment management$24,053
Audit (IQPA)$30,500
Total administrative$390,885
The Nebraska Methodist Health System 401(k) match · 2024
Employer contribution per active participant$4,609
Median for plans this size$4,294
2024$4,609 per active participant
2023$2,784 per active participant

Nebraska Methodist Health System'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 · 20245
LUTZ & COMPANY, PC · Accounting / audit$30,500
WILLIS TOWERS WATSON US LLC · Consulting$17,250
MARQUETTE ASSOCIATES · Investment advisory (plan)$17,050
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$7,003

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

Administrative cost history2
2024$390,885 · 0.06%
2023$124,643 · 0.02%
All plans at this employer2
NEBRASKA METHODIST HEALTH SYSTEM DEFINED CONTRIBUTION RETIREMENT PLAN403(b)
METHODIST HEALTH SYSTEM 401(K) PLAN401(k)
Same employer
Similar plansHealth Care & Social Assistance · Nebraska
Bryan Health NE$926.9M · 0.07%
Nebraska Medicine NE$918.6M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470639839 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.