Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Mutual of Omaha Insurance › plan 005
Mutual of Omaha 401(k) Long-term Savings Plan
- Sponsor Mutual of Omaha Insurance
- Plan number 005
- Plan year 2024
- $250M-1B in assets
- single-employer
Administrative expenses excluding investment management, per participant · Mutual of Omaha 401(k) Long-term Savings Plan · plan year 2024
$1.66
Higher than 1% of the 2,324 plans $250M to 1B that report it.
Source
= $3,100 / 1,866
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251010141517NAL0013289600001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010141517NAL0013289600001, received 2025-10-10
Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-10.
Cost and contributions
Administrative expenses per participant
$1.66
Higher than 1% of the 2,405 plans $250M to 1B that report it.
Source
= $3,100 / 1,866
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251010141517NAL0013289600001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010141517NAL0013289600001, received 2025-10-10
Administrative expenses as a share of assets
0.001%
Higher than 1% of the 2,407 plans $250M to 1B that report it.
Source
= $3,100 / $515,928,507
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251010141517NAL0013289600001, received 2025-10-10
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251010141517NAL0013289600001, received 2025-10-10
Employer contributions per participant
$683
Higher than 5% of the 2,457 plans $250M to 1B that report it.
Source
= $1,275,232 / 1,866
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251010141517NAL0013289600001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010141517NAL0013289600001, received 2025-10-10
Employer share of total contributions
23.6%
Higher than 26% of the 2,459 plans $250M to 1B that report it.
Source
= $1,275,232 / $5,397,669
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251010141517NAL0013289600001, received 2025-10-10
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251010141517NAL0013289600001, received 2025-10-10
Plan features
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3F · 3H controlled-group sponsor · 3J · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251010141517NAL0013289600001, received 2025-10-10
Full record, Mutual of Omaha 401(k) Long-term Savings Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | MUTUAL OF OMAHA INSURANCE COMPANY | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251010141517NAL0013289600001, received 2025-10-10 |
| Plan name | MUTUAL OF OMAHA 401K LONG-TERM SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251010141517NAL0013289600001, received 2025-10-10 |
| Sponsor EIN / plan number | 47-0246511 / 005 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251010141517NAL0013289600001, received 2025-10-10 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251010141517NAL0013289600001, received 2025-10-10 |
| Sponsor location | OMAHA, NE | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251010141517NAL0013289600001, received 2025-10-10 |
| Industry (business code) | 524140, Finance and insurance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251010141517NAL0013289600001, received 2025-10-10 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251010141517NAL0013289600001, received 2025-10-10 |
| Filing received | 2025-10-10 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251010141517NAL0013289600001, received 2025-10-10 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251010141517NAL0013289600001, received 2025-10-10 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251010141517NAL0013289600001, received 2025-10-10 |
| Participants, beginning of year | 2,006 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251010141517NAL0013289600001, received 2025-10-10 |
| Active participants | 305 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251010141517NAL0013289600001, received 2025-10-10 |
| Participants, end of year | 1,866 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251010141517NAL0013289600001, received 2025-10-10 |
| Participants with an account balance | 1,866 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010141517NAL0013289600001, received 2025-10-10 |
| Total assets, beginning of year | $528,185,350 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251010141517NAL0013289600001, received 2025-10-10 |
| Total assets, end of year | $515,928,507 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251010141517NAL0013289600001, received 2025-10-10 |
| Net assets, end of year | $515,928,507 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251010141517NAL0013289600001, received 2025-10-10 |
| Total income | $67,586,315 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251010141517NAL0013289600001, received 2025-10-10 |
| Net income | $-12,256,843 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251010141517NAL0013289600001, received 2025-10-10 |
| Employer contributions | $1,275,232 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251010141517NAL0013289600001, received 2025-10-10 |
| Participant contributions | $3,872,331 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251010141517NAL0013289600001, received 2025-10-10 |
| Other contributions (incl. rollovers) | $250,106 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251010141517NAL0013289600001, received 2025-10-10 |
| Total contributions | $5,397,669 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251010141517NAL0013289600001, received 2025-10-10 |
| Benefit payments | $79,798,655 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251010141517NAL0013289600001, received 2025-10-10 |
| Total expenses (incl. benefit payments) | $79,843,158 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251010141517NAL0013289600001, received 2025-10-10 |
| Total administrative expenses | $3,100 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251010141517NAL0013289600001, received 2025-10-10 |
| IQPA audit fees | $3,100 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251010141517NAL0013289600001, received 2025-10-10 |
| Administrative expenses excluding investment management | $3,100 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251010141517NAL0013289600001, received 2025-10-10 |
| Independent auditor | EIDE BAILLY LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251010141517NAL0013289600001, received 2025-10-10 |
Position = column in the DOL layout for form year 2024. Filing 20251010141517NAL0013289600001, received 2025-10-10.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| ASCENSUS LLCrecordkeeper | RECORDKEEPER | 15 Recordkeeping and information management; 37 Participant loan processing; 50 Direct payment from the plan; 64 Recordkeeping fees; 99 Other fees | $35,700 | yes |
| MATRIX FINANCIAL SOLUTIONS | CUSTODIAN | 19 Custodial (securities); 49 Other services; 55 Other commissions; 62 Float revenue; 99 Other fees | $0 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251010141517NAL0013289600001, received 2025-10-10.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $528,185,350 | $515,928,507 | -2.3% |
| Participants with a balance | 2,006 | 1,866 | -7.0% |
| Administrative expenses | $2,925 | $3,100 | 6.0% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $1,596,397 | $1,275,232 | -20.1% |
Prior filing 20241009082724NAL0032208416001, received 2024-10-09; the plan years are contiguous.