Plan Ledger DOL Form 5500 · updated monthly

Paulsen, Inc.401(k)

PAULSEN, INC. 401(K) PROFIT SHARING PLAN · COZAD, NE · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Paulsen, Inc. reported $12,115 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $924 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 0.09%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Nebraska (332nd of 565), and 2,672nd of 5,337 in construction. In 2024, employees put in $2.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,118,401
Participants with balances138
Active participants220
Employer contributions$203,300
Employee contributions$580,410
Employer contribution per active participant$924
Average account balance$95,061
Benefits paid to participants$1,186,628
Plan auditUnmodified (clean) audit opinion
AuditorFRANKEL
Plan history3
Yearassets · accounts · employer contribution
2024$13.1M · 138 accts · $203K emplr
2023$12.6M · 139 accts · $212K emplr
2022$10.2M · 144 accts · $198K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,425
Investment management$7,290
Total administrative$12,115
The Paulsen, Inc. 401(k) match · 2024
Employer contribution per active participant$924
Median for plans this size$2,416
2024$924 per active participant
2023$1,007 per active participant
2022$852 per active participant

Paulsen, 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 · 20244
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$7,288
LUTZ FINANCIAL SERVICES LLC · Investment advisory (participants)indirect comp
QUALIFIED PLAN CONSULTANTS, LLC · Pension consultingindirect comp
VOYA RETIREMENT INS & ANNUITY CO · 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.

Administrative cost history3
2024$12,115 · 0.09%
2023$8,478 · 0.07%
2022$7,921 · 0.07%
Same employer
Similar plansConstruction · Nebraska
Boyd Jones Construction Co. NE$17.2M · 0.28%
Werner Construction Co NE$14.2M · 0.38%
Americas Fence Store Inc. NE$12.4M · 0.48%
Aoi Corporation NE$9.7M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470397153 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.