Plan Snapshot
- Plan Sponsor: Farmers Mutual Insurance Co. Of Ne
- Sponsor EIN: 470157205
- Sponsor Address: PO BOX 81529, LINCOLN, NE, 685011529
- Plan Type: 401(k)
- Total Participants: 341
- Total Assets: $81.4M
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 | 341 | $81.4M | $1.3M | $3.1M |
| 2023 | 323 | $70.2M | $1.3M | $2.6M |
| 2022 | 304 | $57.4M | $1.1M | $2.5M |
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 | CONTRACT ADMINISTRATOR | $114,423 | — | $114,423 |
| D A DAVIDSON & CO | INVESTMENT ADVISORY | — | $32,000 | $32,000 |
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- D A DAVIDSON & CO — INVESTMENT ADVISORY
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $146,423
- Estimated Expense Ratio: 0.180% 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 | $114,423 | — | $114,423 | — | — |
| 2023 | $103,106 | — | $103,106 | — | — |
| 2022 | $87,175 | — | $87,175 | — | — |