Plan Snapshot
- Plan Sponsor: Omaha Firefighters' Benefit Association
- Sponsor EIN: 476024639
- Sponsor Address: 6005 GROVER STREET, OMAHA, NE, 68106
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 603
- Total Assets: $8.9M
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 | 603 | $8.9M | $0 | $69,499 |
| 2023 | 580 | $8.3M | $0 | $69,138 |
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 |
|---|---|---|---|---|
| DC RETIREMENT STRATEGIES | Other Service Provider | $41,059 | — | $41,059 |
| O'DONNELL FICENEC WILLS & FERDIG | Other Service Provider | $15,028 | — | $15,028 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $56,087
- Estimated Expense Ratio: 0.629% 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 | $62,020 | $41,059 | — | $15,028 | — |
| 2023 | $57,582 | $36,397 | — | $15,000 | — |