Plan Ledger DOL Form 5500 · updated monthly

Tenaska, Inc401(k)

TENASKA RETIREMENT PLAN · OMAHA, NE · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Tenaska, Inc reported $144,565 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $12,492 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 0.07% to 0.04%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 23rd-largest of 565 plans among Nebraska employers on file, and the 452nd of 11,654 in professional & technical services. In 2024, employees put in $1.21 for every $1.00 the employer contributed; active participation has grown from 731 to 818 since 2022.

Plan summary
Net assets, end of year$390,387,042
Participants with balances1,000
Active participants818
Employer contributions$10,218,097
Employee contributions$12,371,118
Employer contribution per active participant$12,492
Average account balance$390,387
Benefits paid to participants$21,216,203
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$390.4M · 1,000 accts · $10.2M emplr
2023$336.2M · 949 accts · $9.9M emplr
2022$278.3M · 893 accts · $8.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$66,978
Investment management$62,587
Audit (IQPA)$15,000
Total administrative$144,565
The Tenaska, Inc 401(k) match · 2024
Employer contribution per active participant$12,492
Median for plans this size$4,294
2024$12,492 per active participant
2023$12,667 per active participant
2022$11,767 per active participant

Tenaska, Inc's 2024 employer contribution ran above the $4,294 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 · 20245
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$66,978
QUALIFIED PLAN ADVISORS · Investment advisory (plan)$37,587
PRIME CAPITAL FINANCIAL · Investment advisory (plan)$25,000
LUTZ & COMPANY, PC · Accounting / audit$15,000
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$144,565 · 0.04%
2023$123,737 · 0.04%
2022$202,708 · 0.07%
Same employer
Similar plansProfessional & Technical Services · Nebraska
Hdr, Inc. NE$7.7B · 0.02%
Aci Worldwide Corp NE$611.6M · 0.02%
Kutak Rock LLP NE$535.8M · 0.06%
Dlr Holding Company NE$477.8M · 0.03%
Oei, Inc. NE$276.6M · 0.14%
Gallup, Inc. NE$263.1M · 0.10%
Leo a Daly Company NE$172.6M · 0.11%
Baird Holm LLP NE$109.5M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470701708 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.