Plan Ledger DOL Form 5500 · updated monthly

Physicans Mutual Insurance Company Physicians Life Insurance Company401(k)

PHYSICIANS MUTUAL DEFINED CONTRIBUTION RETIREMENT PLAN AND TRUST · OMAHA, NE · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Physicans Mutual Insurance Company Physicians Life Insurance Company reported $287,946 in plan administrative expenses for 2024: 0.11% of average plan assets, above the peer median. Employer contributions averaged $5,737 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 0.112%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other finance & insurance employers. By assets it is the 31st-largest of 565 plans among Nebraska employers on file, and the 479th of 4,798 in finance & insurance. In 2024, employees put in $1.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$268,507,553
Participants with balances1,540
Active participants1,039
Employer contributions$5,960,352
Employee contributions$7,753,742
Employer contribution per active participant$5,737
Average account balance$174,356
Benefits paid to participants$22,084,914
Plan auditUnmodified (clean) audit opinion
AuditorLUTZ & CO
Plan history3
Yearassets · accounts · employer contribution
2024$268.5M · 1,540 accts · $6.0M emplr
2023$244.0M · 1,529 accts · $4.0M emplr
2022$214.3M · 1,485 accts · $2.0M emplr
The Physicans Mutual Insurance Company Physicians Life Insurance Company 401(k) match · 2024
Employer contribution per active participant$5,737
Median for plans this size$4,294
2024$5,737 per active participant
2023$3,974 per active participant
2022$2,028 per active participant

Physicans Mutual Insurance Company Physicians Life Insurance Company's 2024 employer contribution ran above the $4,294 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 · 20243
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$140,883
VANGUARD ADVISERS INC. · Investment advisory (participants)$135,333
HUB INVESTMENT ADVISORS, INC$16,250

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$287,946 · 0.11%
2023$256,304 · 0.11%
2022$257,524 · 0.11%
Same employer
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Ameritas Holding Company NE$821.8M · 0.03%
Nelnet, Inc. NE$755.2M · 0.10%
National Indemnity Company NE$600.1M · 0.01%
Union Bank & Trust Company NE$317.2M · 0.01%
Viterra USA Holdings, LLC NE$188.4M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470270450 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.