Plan Snapshot
- Plan Sponsor: Dakota Nation Gaming Enterprise
- Sponsor EIN: 450438120
- Sponsor Address: 16849 102ND ST SE, HANKINSON, ND, 58041
- Plan Type: 401(k)
- Total Participants: 730
- 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 | 730 | $13.3M | $998,671 | $1.3M |
| 2023 | 723 | $11.9M | $852,276 | $1.1M |
| 2022 | 769 | $10.3M | $1.2M | $1.0M |
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 |
|---|---|---|---|---|
| DEFINITI LLC | Recordkeeper | $115,674 | — | $115,674 |
| FUTURE BRIGHT, LLC | Investment Advisor | $27,068 | — | $27,068 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $142,742
- Estimated Expense Ratio: 1.071% 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 | $142,741 | $27,068 | $57,917 | — | — |
| 2023 | $95,283 | $22,741 | — | — | — |
| 2022 | $79,250 | $79,250 | — | — | — |