Plan Ledger DOL Form 5500 · updated monthly

Western Cooperative Co401(k)

UBG 401(K) - WESTERN COOPERATIVE · ALLIANCE, NE · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Western Cooperative Co reported $18,369 in plan administrative expenses for 2024: 0.20% of average plan assets, lower than ~75% of peers. Employer contributions averaged $471 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 rose from 0.15% to 0.20%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Nebraska (369th of 565), and the 453rd of 945 in agriculture, forestry & fishing. In 2024, employees put in $6.40 for every $1.00 the employer contributed; active participation has grown from 174 to 195 since 2022.

Plan summary
Net assets, end of year$9,737,352
Participants with balances160
Active participants195
Employer contributions$91,755
Employee contributions$587,159
Employer contribution per active participant$471
Average account balance$60,858
Benefits paid to participants$348,290
Plan auditUnmodified (clean) audit opinion
AuditorBERGANKDV, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$9.7M · 160 accts · $92K emplr
2023$8.3M · 155 accts · $94K emplr
2022$7.5M · 148 accts · $80K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,369
Total administrative$18,369
The Western Cooperative Co 401(k) match · 2024
Employer contribution per active participant$471
Median for plans this size$1,313
2024$471 per active participant
2023$542 per active participant
2022$460 per active participant

Western Cooperative Co's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20243
UNITED BENEFITS GROUP · Contract administrator$11,579
INTELLICENTS INVESTMENT SOLUTIONS I$5,000

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$18,369 · 0.20%
2023$16,470 · 0.21%
2022$12,765 · 0.15%
Similar plansAgriculture, Forestry & Fishing · Nebraska
Adams Land & Cattle, LLC NE$14.8M · 0.58%
Norder Supply, Inc. NE$14.6M · 0.47%
Niewohner Brothers Inc. NE$12.6M · 0.02%
Trotter, Inc. NE$8.8M · 0.39%
Danielski Farms, Inc. NE$7.0M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470344432 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.