Plan Snapshot
- Plan Sponsor: Dairy State Bank
- Sponsor EIN: 390848078
- Sponsor Address: 16 SOUTH MAIN STREET, RICE LAKE, WI, 54868
- Plan Type: 401(k)
- Total Participants: 92
- Total Assets: $13.3M
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 | 92 | $13.3M | $219,777 | $507,386 |
| 2023 | 96 | $14.8M | $211,404 | $489,416 |
| 2022 | 97 | $13.6M | $199,007 | $493,541 |
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 |
|---|---|---|---|---|
| TRUST POINT INC | NONE | $53,378 | — | $53,378 |
| CLIFTONLARSONALLEN LLP | NONE | $10,605 | — | $10,605 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $63,983
- Estimated Expense Ratio: 0.482% 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 | $63,983 | $53,378 | $10,605 | — | — |
| 2023 | $55,416 | $49,809 | $5,607 | — | — |
| 2022 | $49,533 | — | — | — | $49,533 |