Plan Ledger DOL Form 5500 · updated monthly

Nonprofit Association of the Midlan Ds403(b)

NONPROFIT ASSOCIATION OF THE MIDLANDS 403(B) PLAN · OMAHA, NE · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Nonprofit Association of the Midlan Ds reported $158,062 in plan administrative expenses for 2024: 0.29% of average plan assets, higher than ~75% of peers. Employer contributions averaged $962 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 0.34% to 0.29%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 115th-largest of 565 plans among Nebraska employers on file, and the 398th of 3,341 in other services. In 2024, employees put in $1.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$54,808,139
Participants with balances2,744
Active participants3,544
Employer contributions$3,408,177
Employee contributions$6,140,420
Employer contribution per active participant$962
Average account balance$19,974
Benefits paid to participants$7,983,771
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$54.8M · 2,744 accts · $3.4M emplr
2023$53.4M · 2,812 accts · $3.0M emplr
2022$41.7M · 2,484 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$83,063
Investment management$74,999
Total administrative$158,062
Employer contributions to the Nonprofit Association of the Midlan Ds plan · 2024
Employer contribution per active participant$962
Median for plans this size$3,635
2024$962 per active participant
2023$767 per active participant
2022$724 per active participant

Nonprofit Association of the Midlan Ds's 2024 employer contribution ran below the $3,635 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 · 20245
BENEFIT PLANS INC · Recordkeeping$69,822
NATIONWIDE · Contract administrator · Recordkeeping$12,675
CAPTRUST · Investment advisory (participants)$75,000
LINCOLN NATIONAL CORP · Contract administrator$400

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

Recordkeeper by year2
2024BENEFIT PLANS INC, Nationwide
2023BENEFIT PLANS INC, Nationwide

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$158,062 · 0.29%
2023$180,977 · 0.38%
2022$144,123 · 0.34%
Similar plansOther Services · Nebraska
Duncan Aviation, Inc. NE$446.1M · 0.11%
Resource Pro LLC NE$26.9M · 0.41%
Floyds Truck Center, Inc. NE$15.4M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470778684 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.