Applied Underwriters Inc. 401(k) Review & Grade
Applied Underwriters Inc. Retirement Saving Plan
Omaha, NEManagement of Companies874 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,517Employer $ per active participant
$6,832Employee $ saved per active participant
0.11%Direct admin cost, % of plan assets
$94.0MNet plan assets, end of year
$103,438Average balance per account
Score breakdown
- Employer generosity31.3 / 5063th percentile for employer $ per participant
- Low cost18.2 / 2573th percentile for low admin cost vs. same-size plans
- Employee saving9.1 / 1561th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score62 / 100 · Grade B
This plan vs. peers
Peers: Management of Companies plans with 500–2,499 active participants (172 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 63th |
| Lower admin cost | 73th |
| Employee saving | 61th |
| Peers that auto-enroll | 58% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Applied Underwriters put in about $3,517 per active participant, more than the typical peer ($2,492). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $3,074,001 |
| Participant (employee) contributions | $5,971,158 |
| Other contributions (incl. rollovers in) | $583,200 |
| Administrative expenses paid from the plan | $89,916 |
| Investment advisory & management fees | $78,408 |
| Other admin expenses | $58 |
| Benefits paid out | $3,746,777 |
| Net assets, start / end of year | $75.0M / $94.0M |
| Active participants, start / end of year | 839 / 909 |
| Participants with account balances | 909 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Eide Bailly LLP |
Largest service providers (Schedule C)
| Cetera Investment Advisers LLC | $42,326 reported compensation |
| Capital Group Retirement Plan Svcs | $11,450 reported compensation |
| Charles Schwab & Co Inc | $58 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013142929NAL0003273298001, received 2025-10-13, EIN 94-3252393, plan #333, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.