Plan Ledger DOL Form 5500 · updated monthly

Riekes Equipment Company401(k)

RIEKES EQUIPMENT COMPANY 401(K) PROFIT SHARING PLAN · OMAHA, NE · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Riekes Equipment Company reported $78,073 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $3,287 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 fell from 0.44% to 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 238th-largest of 565 plans among Nebraska employers on file, and the 1,816th of 4,246 in wholesale trade. In 2024, employees put in $1.56 for every $1.00 the employer contributed; active participation has grown from 195 to 223 since 2022.

Plan summary
Net assets, end of year$21,016,465
Participants with balances333
Active participants223
Employer contributions$733,103
Employee contributions$1,141,806
Employer contribution per active participant$3,287
Average account balance$63,113
Benefits paid to participants$2,234,526
Plan auditUnmodified (clean) audit opinion
AuditorMCMILLEN DOVALI CO. PC,
Plan history3
Yearassets · accounts · employer contribution
2024$21.0M · 333 accts · $733K emplr
2023$19.0M · 294 accts · $574K emplr
2022$16.1M · 274 accts · $607K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,124
Investment management$63,949
Total administrative$78,073
The Riekes Equipment Company 401(k) match · 2024
Employer contribution per active participant$3,287
Median for plans this size$2,416
2024$3,287 per active participant
2023$2,812 per active participant
2022$3,113 per active participant

Riekes Equipment Company'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
UNITED OF OMAHA · Loan processing · Recordkeeping$2,525
STADION MONEY MANAGEMENT · Investment advisory (participants)$60,740
ASCENSUS LLC · Loan processing$11,599

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$78,073 · 0.39%
2023$78,776 · 0.45%
2022$76,682 · 0.44%
Similar plansWholesale Trade · Nebraska
Kbc, Inc. NE$33.7M · 0.45%
Dutton-Lainson Company NE$30.8M · 0.21%
Linpepco Partnership NE$23.8M · 0.08%
Whitehead Oil Company NE$20.2M · 0.58%
Voss Electric Company NE$14.6M · 0.32%
Bosselman Energy, Inc. NE$12.7M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470669023 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.