# Black Hills Works, INC. Health & Welfare Plan
Source: https://planprovider.pro/companies/black-hills-works-inc-460341382-502

> Black Hills Works, INC.'s Health & Welfare plan: 175 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Black Hills Works, INC.

- **Sponsor EIN:** 460341382

- **Sponsor Address:** PO BOX 2104, RAPID CITY, SD, 57702

- **Plan Type:** Health & Welfare

- **Plan Number:** 502

- **Total Participants:** 175

- **Total Assets:** $511,049

## 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|175|$511,049|$56,810|$0|

| 2023|206|$532,945|$88,145|$0|

## 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|

| FRINGE BENEFIT GROUP|Recordkeeper|$24,983|—|$24,983|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $24,983

- **Estimated Expense Ratio:** 4.889% 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|$24,983|—|$24,983|—|—|

| 2023|$23,524|—|$23,524|—|—|

## Similar Plans

- [South Dakota Council Of Community Behavioral Hea](https://planprovider.pro/companies/south-dakota-council-of-community-behavioral-hea-401k-plan) — 2,043 participants

- [Huron Area Center For Independence](https://planprovider.pro/companies/huron-area-center-for-independence-403b-plan) — 220 participants

- [Sesdac INC](https://planprovider.pro/companies/sesdac-inc-403b-plan) — 23 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/black-hills-works-inc-460341382-502)

© 2026 PlanProvider.Pro