Plan Ledger DOL Form 5500 · updated monthly

Nebraska Spine Center, LLP401(k)

NEBRASKA SPINE CENTER, LLP 401(K) PROFIT SHARING PLAN · OMAHA, NE · plan year 2023

Reported admin expense ratio · 2023
0.39%

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

Nebraska Spine Center, LLP reported $74,729 in plan administrative expenses for 2023: 0.39% of average plan assets, above the peer median. Employer contributions averaged $7,374 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 has held roughly steady near 0.394%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 245th-largest of 565 plans among Nebraska employers on file, and the 3,657th of 11,911 in health care & social assistance. In 2023, employees put in $1.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,321,391
Participants with balances116
Active participants94
Employer contributions$693,200
Employee contributions$768,106
Employer contribution per active participant$7,374
Average account balance$175,184
Benefits paid to participants$1,828,602
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $706K emplr
2023$20.3M · 116 accts · $693K emplr
2022$17.6M · 116 accts · $688K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$31,442
Investment management$43,287
Total administrative$74,729
The Nebraska Spine Center, LLP 401(k) match · 2023
Employer contribution per active participant$7,374
Median for plans this size$2,440
2023$7,374 per active participant
2022$7,647 per active participant

Nebraska Spine Center, LLP's 2023 employer contribution ran above the $2,440 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
THE VANGUARD GROUP, INC. · Recordkeeping · Custodial$10,843
NORTHWESTERN MUT INV SRV LLC · Investment advisory (participants) · Investment advisory (plan)$38,349
NEWPORT GROUP, INC. · Valuation · Other services$20,599
ENVESTNET RETIREMENT SOLUTIONS · Investment advisory (participants) · Investment advisory (plan)$7,670

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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Administrative cost history3
2024Not separately reported
2023$74,729 · 0.39%
2022$80,289 · 0.39%
Similar plansHealth Care & Social Assistance · Nebraska
Nebraska Urology, PC NE$21.2M · 0.01%
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Brodstone Memorial Hospital NE$17.7M · 0.43%
Providence Medical Center NE$17.3M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470813040 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.