Plan Snapshot
- Plan Sponsor: Nelnet, INC.
- Sponsor EIN: 840748903
- Sponsor Address: 121 S 13TH STREET, LINCOLN, NE, 68508
- Plan Type: 401(k)
- Total Participants: 7,432
- Total Assets: $755.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 7,432 | $755.3M | $18.2M | $34.6M |
| 2023 | 7,953 | $674.3M | $17.8M | $33.5M |
| 2022 | 8,442 | $556.6M | $15.4M | $28.5M |
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 |
|---|---|---|---|---|
| LUTZ & COMPANY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LUTZ & COMPANY — Auditor
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 | $736,190 | — | — | — | — |
| 2023 | $876,531 | — | — | — | — |
| 2022 | $765,691 | — | — | — | $765,691 |