Plan Ledger DOL Form 5500 · updated monthly

Swanson Russell401(k)

SWANSON RUSSELL 401(K) RETIREMENT PLAN · LINCOLN, NE · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Swanson Russell reported $29,097 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $2,215 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 0.14% to 0.13%. 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 221st-largest of 565 plans among Nebraska employers on file, and the 5,013th of 11,654 in professional & technical services. In 2024, employees put in $3.51 for every $1.00 the employer contributed; active participation has shrunk from 171 to 134 since 2022.

Plan summary
Net assets, end of year$23,291,232
Participants with balances189
Active participants134
Employer contributions$296,773
Employee contributions$1,043,122
Employer contribution per active participant$2,215
Average account balance$123,234
Benefits paid to participants$2,282,980
Plan auditDisclaimer of opinion
AuditorBLAND AND ASSOCIATES P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$23.3M · 189 accts · $297K emplr
2023$20.5M · 196 accts · $179K emplr
2022$20.8M · 206 accts · $350K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,189
Investment management$27,908
Total administrative$29,097
The Swanson Russell 401(k) match · 2024
Employer contribution per active participant$2,215
Median for plans this size$2,416
2024$2,215 per active participant
2023$1,145 per active participant
2022$2,047 per active participant

Swanson Russell's 2024 employer contribution ran below 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
JOHN HANCOCK · Recordkeeping · Loan processing$1,189
D.A. DAVIDSON & CO. · Investment advisory (participants) · Investment advisory (plan)$27,908

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$29,097 · 0.13%
2023$35,204 · 0.17%
2022$33,094 · 0.14%
Same employer
Similar plansProfessional & Technical Services · Nebraska
Pillen Family Farms, Inc. NE$26.5M · 0.34%
Sojern, Inc. NE$26.4M · 0.29%
Hausmann Construction, Inc. NE$23.8M · 0.59%
Security Equipment Inc. NE$23.1M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470467331 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.