Plan Snapshot
- Plan Sponsor: Dakota Eye Institute, PC
- Sponsor EIN: 450413089
- Sponsor Address: 200 SOUTH 5TH STREET, BISMARCK, ND, 58504
- Plan Type: 401(k)
- Total Participants: 144
- Total Assets: $30.7M
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 | 144 | $30.7M | $598,926 | $729,744 |
| 2023 | 143 | $29.3M | $794,362 | $752,926 |
| 2022 | 139 | $26.6M | $714,932 | $656,984 |
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 |
|---|---|---|---|---|
| MORGAN STANLEY | Investment Advisor | $42,851 | — | $42,851 |
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $29,526 | — | $29,526 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $72,377
- Estimated Expense Ratio: 0.236% 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 | $73,180 | $43,589 | — | — | — |
| 2023 | $78,222 | $27,679 | — | — | — |
| 2022 | $76,246 | $42,943 | $33,303 | — | — |