Plan Snapshot
- Plan Sponsor: Tenaska, INC
- Sponsor EIN: 470701708
- Sponsor Address: 14302 FNB PARKWAY, OMAHA, NE, 68154
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 1,024
- Total Assets: $438.3M
Key Plan Design Features
- Auto-Enrollment: No
- 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. |
|---|---|---|---|---|
| 2025 | 1,024 | $438.3M | $0 | $0 |
| 2024 | 818 | $390.4M | $10.2M | $12.4M |
| 2023 | 778 | $336.2M | $9.9M | $11.8M |
| 2022 | 731 | $278.3M | $8.6M | $10.6M |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | Recordkeeper | $157,468 | — | $157,468 |
| PRIME CAPITAL FINANCIAL | Investment Advisor | $50,000 | — | $50,000 |
| LUTZ & COMPANY, PC | Auditor | $19,750 | — | $19,750 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $227,218
- Estimated Expense Ratio: 0.052% 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 |
|---|---|---|---|---|---|
| 2025 | $35,216,875 | $50,000 | — | $19,750 | — |
| 2024 | $144,565 | $62,587 | — | $15,000 | — |
| 2023 | $123,737 | $50,000 | — | $16,750 | — |
| 2022 | $202,708 | $60,088 | — | — | $9,420 |