Plan Ledger DOL Form 5500 · updated monthly

Omaha National Group, Inc.401(k)

OMAHA NATIONAL GROUP RETIREMENT PLAN · OMAHA, NE · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Omaha National Group, Inc. reported $7,338 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,262 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 1.18% to 0.07%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Nebraska (347th of 565), and 3,865th of 4,798 in finance & insurance. In 2024, employees put in $1.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,291,411
Participants with balances271
Active participants206
Employer contributions$671,876
Employee contributions$1,161,183
Employer contribution per active participant$3,262
Average account balance$41,666
Benefits paid to participants$508,241
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.3M · 271 accts · $672K emplr
2023$8.5M · 275 accts · $642K emplr
2022$6.1M · 273 accts · $560K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,338
Total administrative$7,338
The Omaha National Group, Inc. 401(k) match · 2024
Employer contribution per active participant$3,262
Median for plans this size$1,313
2024$3,262 per active participant
2023$2,708 per active participant
2022$2,501 per active participant

Omaha National Group, Inc.'s 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
NATIONWIDE INSURANCE · Trustee · Recordkeeping$40,147
BENEFIT PLANS, INC. · Recordkeeping · Loan processing$8,313
PROACCOUNT · Investment advisory (participants)$9,867
CAMBRIDGE INVESTMENT RESEARCH · Investment advisory (participants)indirect comp

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$7,338 · 0.07%
2023$70,597 · 0.97%
2022$73,143 · 1.18%
Same employer
Similar plansFinance & Insurance · Nebraska
Charter West Bank NE$15.7M · 0.04%
Hansen-Mueller Co. NE$15.6M · 0.18%
Access Bank NE$14.0M · 0.22%
Arbor Bank NE$8.8M · 0.56%
Inspro, Inc NE$8.4M · 1.38%
Heritage Bank NE$7.1M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 812982871 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.