Plan Ledger DOL Form 5500 · updated monthly

Security National Bank of Omaha401(k)

SECURITY NATIONAL BANK OF OMAHA THRIFT SAVING PLAN · OMAHA, NE · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Security National Bank of Omaha reported $21,661 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,168 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 0.05% to 0.07%. 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 183rd-largest of 565 plans among Nebraska employers on file, and the 2,282nd of 4,798 in finance & insurance. In 2024, employees put in $1.90 for every $1.00 the employer contributed; active participation has grown from 204 to 238 since 2022.

Plan summary
Net assets, end of year$32,657,017
Participants with balances302
Active participants238
Employer contributions$991,960
Employee contributions$1,883,443
Employer contribution per active participant$4,168
Average account balance$108,136
Benefits paid to participants$2,653,025
Plan auditUnmodified (clean) audit opinion
AuditorROSSITTO & ASSOCIATES, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$32.7M · 302 accts · $992K emplr
2023$27.1M · 292 accts · $617K emplr
2022$23.0M · 274 accts · $481K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,942
Audit (IQPA)$6,719
Total administrative$21,661
The Security National Bank of Omaha 401(k) match · 2024
Employer contribution per active participant$4,168
Median for plans this size$2,416
2024$4,168 per active participant
2023$2,731 per active participant
2022$2,356 per active participant

Security National Bank of Omaha's 2024 employer contribution ran above the $2,416 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 · 20243
FUTUREPLAN ASCENSUS LLC · Recordkeeping · Named fiduciary$8,960
LINCOLN NATIONAL CORPORATION · Loan processing · Recordkeeping$8,157
ROSSITTO & ASSOCIATES LLC · Accounting / audit$6,719

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

Recordkeeper by year2
2024Ascensus, Lincoln Financial
2023Ascensus

This plan has changed recordkeepers within these filings. If you left Security National Bank of Omaha before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$21,661 · 0.07%
2023$13,583 · 0.05%
2022$11,728 · 0.05%
Same employer
Similar plansFinance & Insurance · Nebraska
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%
First Insurance Group, LLC NE$29.4M · 0.22%
Signature Performance, Inc. NE$26.9M · 0.85%
Cornhusker Bank NE$22.7M · 0.23%
C.S.B. Co. NE$22.6M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470485339 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.