Plan Ledger DOL Form 5500 · updated monthly

Security Equipment Inc.401(k)

S.E.I. 401(K) PLAN · OMAHA, NE · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Security Equipment Inc. reported $80,525 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $2,581 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 0.41% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 222nd-largest of 565 plans among Nebraska employers on file, and the 5,035th of 11,654 in professional & technical services. In 2024, employees put in $2.63 for every $1.00 the employer contributed; active participation has grown from 167 to 195 since 2022.

Plan summary
Net assets, end of year$23,138,483
Participants with balances212
Active participants195
Employer contributions$503,320
Employee contributions$1,324,126
Employer contribution per active participant$2,581
Average account balance$109,144
Benefits paid to participants$2,352,657
Plan auditUnmodified (clean) audit opinion
AuditorFRANKEL, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$23.1M · 212 accts · $503K emplr
2023$20.9M · 216 accts · $469K emplr
2022$16.8M · 185 accts · $447K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,514
Investment management$44,011
Total administrative$80,525
The Security Equipment Inc. 401(k) match · 2024
Employer contribution per active participant$2,581
Median for plans this size$2,416
2024$2,581 per active participant
2023$2,432 per active participant
2022$2,678 per active participant

Security Equipment 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 · 20242
CREATIVE PLANNING LLC · Investment advisory (plan)$40,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$36,514

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$80,525 · 0.37%
2023$73,811 · 0.39%
2022$74,635 · 0.41%
Same employer
Similar plansProfessional & Technical Services · Nebraska
Sojern, Inc. NE$26.4M · 0.29%
Hausmann Construction, Inc. NE$23.8M · 0.59%
Swanson Russell NE$23.3M · 0.13%
Branchpattern, Inc NE$19.2M · 0.48%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 470532482 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.