Plan Ledger DOL Form 5500 · updated monthly

Toba, Inc.401(k)

TOBA, INC. PROFIT SHARING RETIREMENT PLAN · GRAND ISLAND, NE · plan year 2024

Reported admin expense ratio · 2024
0.89%

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

Toba, Inc. reported $50,971 in plan administrative expenses for 2024: 0.89% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,257 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 1.25% to 0.89%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Nebraska (439th of 565), and 3,455th of 4,246 in wholesale trade. In 2024, employees put in $1.11 for every $1.00 the employer contributed; active participation has grown from 286 to 398 since 2022.

Plan summary
Net assets, end of year$6,253,178
Participants with balances335
Active participants398
Employer contributions$500,095
Employee contributions$557,427
Employer contribution per active participant$1,257
Average account balance$18,666
Benefits paid to participants$678,872
Plan auditUnmodified (clean) audit opinion
AuditorPLAN CHECK CPAS LLC
Plan history3
Yearassets · accounts · employer contribution
2024$6.3M · 335 accts · $500K emplr
2023$5.3M · 344 accts · $459K emplr
2022$4.2M · 339 accts · $634K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,971
Total administrative$50,971
The Toba, Inc. 401(k) match · 2024
Employer contribution per active participant$1,257
Median for plans this size$1,313
2024$1,257 per active participant
2023$1,417 per active participant
2022$2,215 per active participant

Toba, Inc.'s 2024 employer contribution ran below the $1,313 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$48,972
RAYMOND JAMES INSURANCE GROUP INC · Other servicesindirect comp

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$50,971 · 0.89%
2023$51,269 · 1.08%
2022$52,670 · 1.25%
Same employer
Similar plansWholesale Trade · Nebraska
Lift Solutions, Inc. NE$11.1M · 0.90%
Allied Oil & Tire Company NE$7.0M · 0.48%
Helget Gas Products, Inc. NE$3.3M · 1.40%
Lambert Vet Supply, LLC NE$1.2M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470793150 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.