Plan Ledger DOL Form 5500 · updated monthly

Niewohner Brothers Inc.401(k)

NIEWOHNER BROTHERS INC. 401(K) PLAN · ALBION, NE · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Niewohner Brothers Inc. reported $2,742 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,261 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 0.03% to 0.02%. 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 among the smaller plans on file in Nebraska (338th of 565), and the 389th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.79 for every $1.00 the employer contributed; active participation has grown from 306 to 408 since 2022.

Plan summary
Net assets, end of year$12,560,562
Participants with balances199
Active participants408
Employer contributions$514,413
Employee contributions$922,804
Employer contribution per active participant$1,261
Average account balance$63,118
Benefits paid to participants$1,408,975
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.6M · 199 accts · $514K emplr
2023$10.9M · 195 accts · $444K emplr
2022$8.4M · 177 accts · $392K emplr
The Niewohner Brothers Inc. 401(k) match · 2024
Employer contribution per active participant$1,261
Median for plans this size$2,416
2024$1,261 per active participant
2023$1,105 per active participant
2022$1,282 per active participant

Niewohner Brothers Inc.'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
BENEFIT PLANS, INC. · Contract administrator$11,247
CAPITAL GROUP RETIREMENT PLAN SERVI$760

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$2,742 · 0.02%
2023$4,100 · 0.04%
2022$2,818 · 0.03%
Same employer
Similar plansAgriculture, Forestry & Fishing · Nebraska
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%
Norder Supply, Inc. NE$14.6M · 0.47%
Western Cooperative Co NE$9.7M · 0.20%
Trotter, Inc. NE$8.8M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470617217 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.