Plan Ledger DOL Form 5500 · updated monthly

Omaha Track, Inc.401(k)

OMAHA TRACK, INC. 401(K) PLAN · OMAHA, NE · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Omaha Track, Inc. reported $81,033 in plan administrative expenses for 2024: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,411 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 3 years on file its reported administrative ratio has held roughly steady near 0.502%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 272nd-largest of 565 plans among Nebraska employers on file, and the 1,656th of 5,215 in retail trade. In 2024, employees put in $2.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,650,702
Participants with balances302
Active participants255
Employer contributions$614,790
Employee contributions$1,496,332
Employer contribution per active participant$2,411
Average account balance$58,446
Benefits paid to participants$1,555,664
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.7M · 302 accts · $615K emplr
2023$14.6M · 293 accts · $585K emplr
2022$11.4M · 285 accts · $532K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,855
Investment management$35,178
Total administrative$81,033
The Omaha Track, Inc. 401(k) match · 2024
Employer contribution per active participant$2,411
Median for plans this size$2,416
2024$2,411 per active participant
2023$2,588 per active participant
2022$1,880 per active participant

Omaha Track, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$45,855
PRIME CAPITAL INVESTMENT ADVISORS · Investment advisory (plan)$35,178

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$81,033 · 0.50%
2023$66,363 · 0.51%
2022$61,688 · 0.50%
Same employer
Similar plansRetail Trade · Nebraska
Eakes, Inc. NE$25.2M · 0.33%
Millard Lumber Inc. NE$21.3M · 0.47%
H&H Automotive LLC NE$21.1M · 0.38%
Builders Warehouse, Inc. NE$17.2M · 0.33%
Exchange Company NE$16.9M · 0.52%
Nebraskaland Tire, Inc. NE$16.1M · 0.12%
Gregg Young Chevrolet, Inc. NE$15.9M · 1.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470692129 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.