Plan Ledger DOL Form 5500 · updated monthly

Project Harmony401(k)

PROJECT HARMONY RETIREMENT PLAN · OMAHA, NE · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Project Harmony reported $30,572 in plan administrative expenses for 2024: 0.53% of average plan assets, above the peer median. Employer contributions averaged $3,700 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 0.03% to 0.53%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Nebraska (440th of 565), and 7,231st of 11,911 in health care & social assistance. In 2024, employees put in $1.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,246,736
Participants with balances144
Active participants107
Employer contributions$395,931
Employee contributions$524,491
Employer contribution per active participant$3,700
Average account balance$43,380
Benefits paid to participants$709,628
Plan auditUnmodified (clean) audit opinion
AuditorBLAND & ASSOCIATES, P,C,
Plan history3
Yearassets · accounts · employer contribution
2024$6.2M · 144 accts · $396K emplr
2023$5.2M · 152 accts · $373K emplr
2022$3.9M · 148 accts · $326K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,838
Investment management$7,981
Audit (IQPA)$14,753
Total administrative$30,572
The Project Harmony 401(k) match · 2024
Employer contribution per active participant$3,700
Median for plans this size$1,313
2024$3,700 per active participant
2023$3,522 per active participant
2022$3,226 per active participant

Project Harmony's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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
UNITED OF OMAHA · Loan processing · Recordkeeping$1,987
EIDE BAILLY CPAS AND ADVISORS · Accounting / audit$14,752
SECURITY NATIONAL BANK. · Investment advisory (plan)$7,520
ASCENSUS LLC · Securities brokerage$5,852

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

Recordkeeper by year2
2024Mutual of Omaha
2023Mutual of Omaha

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Administrative cost history3
2024$30,572 · 0.53%
2023$1,825 · 0.04%
2022$1,300 · 0.03%
Same employer
Similar plansHealth Care & Social Assistance · Nebraska
Goodwill Industries, Inc. NE$6.7M · 0.93%
Omni Behavioral Health NE$6.5M · 0.47%
Bluestem Health NE$6.2M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470789054 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.