Plan Snapshot
- Plan Sponsor: Boys & Girls Clubs Of The Midlands
- Sponsor EIN: 470467350
- Sponsor Address: 2610 HAMILTON STREET, OMAHA, NE, 68131
- Plan Type: 401(k)
- Total Participants: 148
- Total Assets: $4.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 148 | $4.6M | $277,430 | $159,154 |
| 2023 | 94 | $4.2M | $290,322 | $132,849 |
| 2022 | 100 | $4.0M | $264,355 | $172,763 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $28,068 | — | $28,068 |
| SILVERSTONE ASSET MANAGEMENT, INC. | Investment Advisor | — | $12,723 | $12,723 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $40,791
- Estimated Expense Ratio: 0.882% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $30,668 | — | $30,668 | — | — |
| 2023 | $32,079 | — | $32,079 | — | — |
| 2022 | $30,708 | — | $30,708 | — | — |