Plan Ledger DOL Form 5500 · updated monthly

United Way of the Midlands401(k)

UNITED WAY OF THE MIDLANDS 401(K) PLAN · OMAHA, NE · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

United Way of the Midlands reported $8,629 in plan administrative expenses for 2024: 0.15% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,396 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Nebraska (437th of 565), and 2,109th of 3,341 in other services. In 2024, the employer put in $1.31 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$6,280,118
Participants with balances173
Active participants172
Employer contributions$584,134
Employee contributions$445,266
Employer contribution per active participant$3,396
Average account balance$36,301
Benefits paid to participants$850,108
Plan auditUnmodified (clean) audit opinion
AuditorHBE LLP
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,629
Total administrative$8,629
The United Way of the Midlands 401(k) match · 2024
Employer contribution per active participant$3,396
Median for plans this size$1,313

United Way of the Midlands's 2024 employer contribution ran above the $1,313 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 · 20242
FUTUREPLAN BY ASCENSUS · Recordkeeping$2,500
LINCOLN NATIONAL CORPORATION · Contract administrator$6,029

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

Administrative cost history1
2024$8,629 · 0.15%
Same employer
Similar plansOther Services · Nebraska
Ponca Tribe of Nebraska NE$9.9M · 0.77%
Marshall Engines, Inc. NE$5.0M · 0.71%
Walkers, Inc. NE$3.3M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470376605 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.