Retirement plan

NEBRASKA ASSOCIATION OF COUNTY OFFICIALS 401K PROFIT SHARING PLAN

Name: NEBRASKA ASSOCIATION OF COUNTY OFFICIALS - NEBRASKA ASSOCIATION OF COUNTY OFFICIALS 401K PROFIT SHARING PLAN (2022) Form 5500
Creator: NEBRASKA ASSOCIATION OF COUNTY OFFICIALS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NEBRASKA ASSOCIATION OF COUNTY OFFICIALS 401K PROFIT SHARING PLAN, NEBRASKA ASSOCIATION OF COUNTY OFFICIALS

NEBRASKA ASSOCIATION OF COUNTY OFFICIALSEIN 47-0522159Plan #001PY 2022

1335 H STREET - LINCOLN, NE 68508402-434-5660nebraskacounties.orgLinkedIn1-10 employeesnon-profit organization management

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$1.4M

-10.9% from 2021

Total participants

+28.6% from 2021

Average account balance

$181,099

-22.0% from 2021

Annual return

-16.44%

-49.95 pp from 2021

Benchmarks

See 39,349 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort39,349 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.91M

Not enough data

1 years with asset history on file

Average account balance

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

$173K

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.

91.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$141K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+14.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1400

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$14K

$1688 / participant

Other / not subdivided$14K100.0%

% of EOY assets

0.932%

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

$181,099

$92,707+95.3%

$82,726+118.9%

$134,493+34.7%

Participation rate

87.5%

75.2%+12.3pp

72.6%+14.9pp

81.2%+6.3pp

Annual return

-16.44%

945.12%-961.6pp

701.33%-717.8pp

418.01%-434.5pp

Employer contribution / active EE

$4,673

$3,274+42.8%

$3,009+55.3%

$4,740-1.4%

Participant deferral / active EE

$6,594

$4,801+37.3%

$4,394+50.1%

$6,400+3.0%

Admin fee / account holder

$1,688

$5,980-71.8%

$5,328-68.3%

$11,425-85.2%

NEBRASKA ASSOCIATION OF COUNTY OFFICIALS 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NEBRASKA ASSOCIATION OF COUNTY OFFICIALS 401K PROFIT SHARING 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