Plan Ledger DOL Form 5500 · updated monthly

Omaha Steaks International LLC401(k)

OMAHA STEAKS 401(K) PLAN · OMAHA, NE · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Omaha Steaks International LLC reported $82,761 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $2,906 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 rose from 0.07% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 60th-largest of 565 plans among Nebraska employers on file, and the 1,855th of 13,661 in manufacturing. In 2024, employees put in $2.01 for every $1.00 the employer contributed; active participation has shrunk from 875 to 724 since 2022.

Plan summary
Net assets, end of year$104,105,511
Participants with balances1,000
Active participants724
Employer contributions$2,103,991
Employee contributions$4,225,574
Employer contribution per active participant$2,906
Average account balance$104,106
Benefits paid to participants$16,450,374
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$104.1M · 1,000 accts · $2.1M emplr
2023$101.4M · 1,050 accts · $2.2M emplr
2022$89.0M · 1,094 accts · $2.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$82,399
Investment management$362
Total administrative$82,761
The Omaha Steaks International LLC 401(k) match · 2024
Employer contribution per active participant$2,906
Median for plans this size$3,635
2024$2,906 per active participant
2023$2,914 per active participant
2022$2,467 per active participant

Omaha Steaks International LLC's 2024 employer contribution ran below the $3,635 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 · 20241
ADP, INC. · Loan processing · Recordkeeping$82,760

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

Recordkeeper by year2
2024ADP
2023ADP

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Administrative cost history3
2024$82,761 · 0.08%
2023$74,559 · 0.08%
2022$71,359 · 0.07%
All plans at this employer2
OMAHA STEAKS UNION 401(K) PLAN401(k)
OMAHA STEAKS 401(K) PLAN401(k)
Same employer
Similar plansManufacturing · Nebraska
Lozier Corporation NE$191.8M · 0.02%
Chief Industries, Inc. NE$129.5M · 0.17%
Nebco, Inc. NE$105.2M · 0.09%
Lindsay Corporation NE$95.3M · 0.21%
Green Plains Inc. NE$88.4M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470460284 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.