Plan Snapshot
- Plan Sponsor: Cornhusker Bank
- Sponsor EIN: 470157560
- Sponsor Address: 8310 O STREET, LINCOLN, NE, 68510
- Plan Type: 401(k)
- Total Participants: 130
- Total Assets: $22.7M
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 | 130 | $22.7M | $405,136 | $862,029 |
| 2023 | 129 | $19.1M | $378,644 | $840,736 |
| 2022 | 128 | $16.5M | $375,564 | $823,822 |
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 |
|---|---|---|---|---|
| T.E. LOTT | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $47,025 | $45,225 | — | — | — |
| 2023 | $39,085 | $37,410 | — | — | — |
| 2022 | $37,935 | $37,935 | — | — | — |