Retirement plan

NEBRASKA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS 401(K) PLAN

Name: NEBRASKA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS - NEBRASKA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS 401(K) PLAN (2022) Form 5500
Creator: NEBRASKA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NEBRASKA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS 401(K) PLAN, NEBRASKA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS

NEBRASKA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTSEIN 47-0444674Plan #002PY 2022

7435 O STREET, SUITE 100 - LINCOLN, NE 68510402-476-8482

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$732K

+3.4% from 2021

Total participants

+25.0% from 2021

Average account balance

$146,364

-17.3% from 2021

Annual return

1.49%

-2.88 pp from 2021

Benchmarks

See 133,844 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort133,844 peers

Snapshot2022

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$1.68M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$336K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

125.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$86K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$22K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+5.41%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$6000

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2C2F2G2T3D

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$32K

$7980 / participant

Other / not subdivided$32K100.0%

% of EOY assets

4.362%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$146,364

$138,114+6.0%

$125,391+16.7%

$134,545+8.8%

Participation rate

100.0%

84.5%+15.5pp

82.4%+17.6pp

81.2%+18.8pp

Annual return

1.49%

750.88%-749.4pp

572.41%-570.9pp

418.37%-416.9pp

Employer contribution / active EE

$6,646

$5,246+26.7%

$4,816+38.0%

$4,742+40.2%

Participant deferral / active EE

$4,194

$7,801-46.2%

$7,448-43.7%

$6,401-34.5%

Admin fee / account holder

$6,384

$11,570-44.8%

$10,009-36.2%

$11,431-44.2%

NEBRASKA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NEBRASKA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion