Plan Ledger DOL Form 5500 · updated monthly

Platte Valley Financial Service Companies, Inc.401(k) + ESOP (KSOP)

PLATTE VALLEY FINANCIAL SERVICE COMPANIES INC. EMPLOYEE STOCK OWNERSHIP PLAN · SCOTTSBLUFF, NE · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Platte Valley Financial Service Companies, Inc. reported $48,506 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,810 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 $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 140th-largest of 565 plans among Nebraska employers on file, and the 1,815th of 4,798 in finance & insurance. In 2024, employees put in $1.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$44,716,110
Participants with balances513
Active participants394
Employer contributions$1,501,032
Employee contributions$2,318,724
Employer contribution per active participant$3,810
Average account balance$87,166
Benefits paid to participants$5,156,369
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$44.7M · 513 accts · $1.5M emplr
2023$42.0M · 515 accts · $1.3M emplr
2022$38.8M · 474 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,506
Total administrative$48,506
The Platte Valley Financial Service Companies, Inc. 401(k) match · 2024
Employer contribution per active participant$3,810
Median for plans this size$2,416
2024$3,810 per active participant
2023$3,520 per active participant
2022$3,391 per active participant

Platte Valley Financial Service Companies, Inc.'s 2024 employer contribution ran above 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 · 20243
MILLIMAN, INC. · Recordkeeping · Pension consulting$48,494
CHARLES SCHWAB TRUST BANK · Custodial (securities) · Trustee$16
CHARLES SCHWAB & CO., INC. · Custodial (securities)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
2024Milliman
2023Milliman

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

Administrative cost history3
2024$48,506 · 0.11%
2023$38,587 · 0.10%
2022$44,088 · 0.11%
Same employer
Similar plansFinance & Insurance · Nebraska
American National Bank NE$81.8M · 0.15%
First York Ban Corp NE$54.7M · 0.07%
Carson Group Holdings, LLC NE$40.2M · 0.41%
Adams Bank & Trust NE$37.3M · 0.37%
Five Points Bank NE$34.4M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470800148 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.