Filed January 24, 2024
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| Provider | Service type | Compensation |
|---|---|---|
FIRST NATIONAL BANK OF OMAHA4 years Service code 15 · EIN 47-0259043 | Recordkeeping | $44,313 |
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 | $28,290 | $85,135-66.8% | $98,920-71.4% | $73,412-61.5% |
| Participation rate | 77.8% | 81.1%-3.3pp | 76.0%+1.8pp | 72.2%+5.7pp |
| Annual return | 15.64% | 19.14%-3.5pp | 196.47%-180.8pp | 59.30%-43.7pp |
| Employer contribution / active EE | -$1 | $2,721-100.0% | $2,689-100.0% | $2,234-100.1% |
| Participant deferral / active EE | $2,492 | $4,349-42.7% | $4,245-41.3% | $3,806-34.5% |
| Admin fee / account holder | $115 | $139-17.1% | $6,643-98.3% | $158-26.9% |