Plan Snapshot
- Plan Sponsor: Nebraska Bankers Assn Voluntary Employees Beneficiary Association
- Sponsor EIN: 476092059
- Sponsor Address: P.O. BOX 80008, LINCOLN, NE, 685010008
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 4,614
- Total Assets: $73.6M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 4,614 | $73.6M | $81.1M | $0 |
| 2023 | 4,553 | $84.7M | $77.7M | $0 |
| 2022 | 2,437 | $53.9M | $42.9M | $0 |
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 |
|---|---|---|---|---|
| BLUE CROSS BLUE SHIELD OF NEBRASKA | Other Service Provider | $2,400,130 | — | $2,400,130 |
| NEBR. BANKERS INSURANCE & SVCS CO | Other Service Provider | $1,793,500 | — | $1,793,500 |
| WELLNESS PARTNERS, LLC | Other Service Provider | $494,864 | — | $494,864 |
| CONTINUUM EAP | Other Service Provider | $118,750 | — | $118,750 |
| PARTNERS HEALTH ALLIANCE LLC | Other Service Provider | $114,048 | — | $114,048 |
| GALLAGHER BENEFIT SERVICES, INC. | Investment Advisor | $107,500 | — | $107,500 |
| CLINE WILLIAMS WRIGHT JOHNSON | Other Service Provider | $106,552 | — | $106,552 |
| FIDUCIENT ADVISORS LLC | Other Service Provider | $45,512 | — | $45,512 |
| FORVIS MAZARS, LLP | Other Service Provider | $34,225 | — | $34,225 |
| NAVIA BENEFIT SOLUTIONS | Other Service Provider | $29,631 | — | $29,631 |
| SBS CYBERSECURITY, LLC | Other Service Provider | $27,736 | — | $27,736 |
| AGILX, LLC | Other Service Provider | $22,813 | — | $22,813 |
| TELUS HEALTH (US) LTD. | Other Service Provider | $21,330 | — | $21,330 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GALLAGHER BENEFIT SERVICES, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,316,591
- Estimated Expense Ratio: 7.222% 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 | $4,869,167 | $45,512 | $4,285,926 | $34,225 | — |
| 2023 | $4,639,619 | $26,424 | $4,162,693 | $44,150 | — |
| 2022 | $2,512,072 | — | $2,267,737 | — | $180,611 |