Plan Ledger DOL Form 5500 · updated monthly

Steamfitters and Plumbers Local Union No 464 401(K) Plan401(k)

STEAMFITTERS AND PLUMBERS LOCAL UNION NO 464 401(K) PLAN · OMAHA, NE · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Steamfitters and Plumbers Local Union No 464 401(K) Plan reported $379,157 in plan administrative expenses for 2024: 0.35% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,169 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 0.54% to 0.35%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 54th-largest of 565 plans among Nebraska employers on file, and the 574th of 5,337 in construction. In 2024, the employer put in $1.59 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$110,178,218
Participants with balances1,623
Active participants1,525
Employer contributions$3,307,250
Employee contributions$2,076,491
Employer contribution per active participant$2,169
Average account balance$67,886
Benefits paid to participants$7,749,545
Plan auditUnmodified (clean) audit opinion
AuditorO'DONNELL, FICENEC, WILLS & FERDIG,
Plan history3
Yearassets · accounts · employer contribution
2024$110.2M · 1,623 accts · $3.3M emplr
2023$108.2M · 1,587 accts · $3.2M emplr
2022$89.9M · 1,567 accts · $3.1M emplr
Administrative expenses, itemized · 2024
Investment management$148,755
Audit (IQPA)$15,065
Total administrative$379,157
The Steamfitters and Plumbers Local Union No 464 401(K) Plan 401(k) match · 2024
Employer contribution per active participant$2,169
Median for plans this size$3,635
2024$2,169 per active participant
2023$2,138 per active participant
2022$2,086 per active participant

Steamfitters and Plumbers Local Union No 464 401(K) Plan's 2024 employer contribution ran below the $3,635 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 · 20244
EMPOWER ANNUITY INSURANCE COMPANY · Recordkeeping · Custodial$103,035
BENESYS · Recordkeeping$66,228
BLAKE & UHLIG, PA · Legal$110,861
O'DONNELL FICENEC WILLS & FERDIG$15,065

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

Recordkeeper by year2
2024BENESYS, Empower
2023BENESYS, Empower, FIRST NATIONAL BANK OF OMAHA

This plan has changed recordkeepers within these filings. If you left Steamfitters and Plumbers Local Union No 464 401(K) Plan 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$379,157 · 0.35%
2023$427,737 · 0.43%
2022$498,927 · 0.54%
Similar plansConstruction · Nebraska
Peter Kiewit Sons, Inc. NE$2.8B · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470799180 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.