Plan Snapshot
- Plan Sponsor: Physicans Mutual Insurance Company Physicians Life Insurance Company
- Sponsor EIN: 470270450
- Sponsor Address: 2600 DODGE STREET, OMAHA, NE, 681312672
- Plan Type: 401(k)
- Total Participants: 1,039
- Total Assets: $268.5M
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 | 1,039 | $268.5M | $6.0M | $7.8M |
| 2023 | 1,009 | $244.0M | $4.0M | $7.4M |
| 2022 | 981 | $214.3M | $2.0M | $6.8M |
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 |
|---|---|---|---|---|
| THE VANGUARD GROUP, INC. | Recordkeeper | $140,883 | — | $140,883 |
| VANGUARD ADVISERS INC. | Recordkeeper | $135,333 | — | $135,333 |
| HUB INVESTMENT ADVISORS, INC | Other Service Provider | $16,250 | — | $16,250 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE VANGUARD GROUP, INC. — Recordkeeper
- VANGUARD ADVISERS INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $292,466
- Estimated Expense Ratio: 0.109% 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 | $287,946 | — | — | — | — |
| 2023 | $256,304 | $127,000 | — | — | — |
| 2022 | $257,524 | — | — | — | — |