Plan Snapshot
- Plan Sponsor: Border States Industries, INC.
- Sponsor EIN: 450275004
- Sponsor Address: 2400 38TH ST S, FARGO, ND, 58104
- Plan Type: 401(k)
- Total Participants: 3,385
- Total Assets: $254.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2025 | 3,385 | $254.0M | $0 | $0 |
| 2024 | 3,095 | $211.0M | $0 | $0 |
| 2023 | 2,682 | $164.6M | $0 | $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 |
|---|---|---|---|---|
| GRANT THORNTON LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GRANT THORNTON LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 |
|---|---|---|---|---|---|
| 2025 | $284,363 | — | $284,363 | — | — |
| 2024 | $234,968 | — | $234,968 | — | — |
| 2023 | $230,061 | — | $230,061 | — | — |