Plan Snapshot
- Plan Sponsor: Black Hills Regional Eye Institute, LLP
- Sponsor EIN: 460461540
- Sponsor Address: 2800 THIRD STREET, RAPID CITY, SD, 57701
- Plan Type: 401(k)
- Total Participants: 113
- Total Assets: $17.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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. |
|---|---|---|---|---|
| 2024 | 113 | $17.4M | $690,723 | $456,115 |
| 2023 | 117 | $16.2M | $742,787 | $469,290 |
| 2022 | 122 | $13.5M | $546,828 | $378,581 |
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 |
|---|---|---|---|---|
| SIKICH CAPITAL MANAGEMENT | NONE | $33,155 | — | $33,155 |
| STANCORP FINANCIAL GROUP | NONE | $18,873 | — | $18,873 |
| KETEL THORSTENSON, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STANCORP FINANCIAL GROUP — NONE
- KETEL THORSTENSON, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $52,028
- Estimated Expense Ratio: 0.300% 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 | $38,945 | — | $38,945 | — | — |
| 2023 | $33,782 | — | $3,031 | — | — |
| 2022 | $32,611 | $29,832 | $2,779 | — | — |