Plan Snapshot
- Plan Sponsor: Black Hills Corporation
- Sponsor EIN: 460458824
- Sponsor Address: P.O. BOX 1400, RAPID CITY, SD, 57709
- Plan Type: Health & Welfare
- Plan Number: 509
- Total Participants: 0
- Total Assets: $7.5M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 0 | $7.5M | $4.3M | $893,823 |
| 2023 | 0 | $8.0M | $4.2M | $1.0M |
| 2022 | 0 | $7.7M | $4.4M | $1.4M |
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 |
|---|---|---|---|---|
| DELOITTE & TOUCHE LLP | Auditor | $52,354 | — | $52,354 |
| AON CONSULTING, INC. | Recordkeeper | $36,750 | — | $36,750 |
| EIDE BAILLY LLP | Auditor | $10,259 | — | $10,259 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DELOITTE & TOUCHE LLP — Auditor
- AON CONSULTING, INC. — Recordkeeper
- EIDE BAILLY LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $99,363
- Estimated Expense Ratio: 1.330% 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 | $275,269 | — | $47,009 | $52,354 | — |
| 2023 | $204,597 | — | $44,840 | — | — |
| 2022 | $77,039 | — | — | — | $44,655 |