Nelnet, Inc. 401(k) Plan: Login, Facts & Contact Information
Nelnet, Inc. 401(k) Login
3,201 former Nelnet, Inc. employees still have money in this plan.
We don't have a verified login link for this plan's recordkeeper (Union Bank & Trust Company). Beagle can locate your account.
Retirement plan providers can change. This information is from the plan's 2024 filing.
Nelnet, Inc. 401(k) Plan Facts
Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 29, 2025. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2024
- $55.6 million went into the plan in contributions, $18.2 million of it from the employer (33%).
- $76.4 million was paid out to participants.
- Investment and other income added $102.7 million.
- Administrative expenses were $736,190, about $70 per account.
How the Nelnet, Inc. 401(k) changed, 2019–2024
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2019 | 5,752 | $271.3 million | $12.2 million | $16.4 million |
| 2020 | 7,487 | $560.3 million | $12.6 million | $22.2 million |
| 2021 | 8,158 | $658.4 million | $13.5 million | $32.7 million |
| 2022 | 8,904 | $556.6 million | $15.4 million | $30.7 million |
| 2023 | 10,947 | $674.3 million | $17.8 million | $48.1 million |
| 2024 | 11,248 | $755.3 million | $18.2 million | $76.4 million |
Nelnet, Inc. 401(k) Contact Information
Questions about the Nelnet, Inc. 401(k)
Does Nelnet, Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $18.2 million, 33% of all contributions.
Does the Nelnet, Inc 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the Nelnet, Inc 401(k) plan?
11,248 participants at the start of plan year 2024, 7,432 of them active employees, and 3,201 former employees who still had money in the plan.
What is the average 401(k) balance at Nelnet, Inc?
About $72,299 per account: $755.3 million in plan assets across 10,447 accounts with a balance at the end of plan year 2024.
Who manages the Nelnet, Inc 401(k) accounts?
UNION BANK & TRUST COMPANY is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Nelnet, Inc. How do I access my 401(k)?
Your account stays with UNION BANK & TRUST COMPANY after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.