Filed January 24, 2024
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| Provider | Service type | Compensation |
|---|---|---|
FIRST NATIONAL BANK OF OMAHA3 years Service code 15 · EIN 47-0259043 | Recordkeeping | $42,688 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $24,967 | $74,347-66.4% | $93,621-73.3% | $67,579-63.1% |
| Participation rate | 76.9% | 80.6%-3.7pp | 75.8%+1.1pp | 71.3%+5.6pp |
| Annual return | 22.02% | 28.07%-6.1pp | 32.76%-10.7pp | 378.56%-356.5pp |
| Employer contribution / active EE | $387 | $2,583-85.0% | $2,719-85.8% | $2,148-82.0% |
| Participant deferral / active EE | $1,998 | $4,060-50.8% | $4,070-50.9% | $3,539-43.6% |
| Admin fee / account holder | $121 | $123-1.4% | $7,890-98.5% | $142-15.0% |