Plan Snapshot
- Plan Sponsor: Dakota Provisions, LLC
- Sponsor EIN: 200151338
- Sponsor Address: 40253 US HIGHWAY 14, HURON, SD, 57350
- Plan Type: 401(k)
- Total Participants: 751
- Total Assets: $16.6M
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 | 751 | $16.6M | $710,171 | $1.2M |
| 2023 | 696 | $14.0M | $673,417 | $1.1M |
| 2022 | 712 | $11.9M | $607,765 | $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 |
|---|---|---|---|---|
| ABDO, LLP | Auditor | — | — | $0 |
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 |
|---|---|---|---|---|---|
| 2024 | $102,768 | — | $102,768 | — | — |
| 2023 | $80,038 | — | $80,038 | — | — |
| 2022 | $77,042 | — | $77,042 | — | — |