Plan5500

Nelnet 401(K) Plan — Form 5500 plan (Nelnet, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Nelnet 401(K) Plan is a benefit plan reported by Nelnet, Inc. under EIN 84-0748903 and plan number 001. The latest loaded filing year is 2023. The filing reports 10,947 participants and $674,259,450 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Nelnet, Inc.
EIN
84-0748903
Plan number
001
Plan type
2
Location
Lincoln, NE
Latest filing year
2023
Participants
10,947
End-of-year plan assets
$674,259,450

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202310,947H, C20241003160746NAL0010146113001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$674,259,450
Total liabilities (EOY)
$192,118
Net assets (EOY)
$674,067,332
Net assets (BOY)
$556,387,922

Income & contributions

Employer contributions
$17,785,877
Participant contributions
$33,459,440
Total contributions
$53,824,980
Total income / additions
$162,804,551

Expenses & distributions

Benefits paid
$48,050,717
Administrative expenses
$876,531
Total expenses
$48,930,601
Net increase / (decrease)
$113,873,950

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Union Bank & Trust CompanyRELATED PARTY$876,531not reported in the loaded dataset2023

Related Form 5500 pages