Plan Snapshot
- Plan Sponsor: District 7 Human Resources Development Council, INC.
- Sponsor EIN: 810300207
- Sponsor Address: 7 N 31ST, BILLINGS, MT, 591032114
- Plan Type: 401(k)
- Total Participants: 91
- Total Assets: $4.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 91 | $4.1M | $114,038 | $181,063 |
| 2023 | 102 | $4.0M | $134,148 | $209,996 |
| 2022 | 102 | $3.3M | $132,591 | $220,292 |
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 |
|---|---|---|---|---|
| CARVER FLOREK & JAMES, CPA | 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 | $2,857 | $59 | $2,798 | — | — |
| 2023 | $4,445 | $90 | $2,905 | — | — |
| 2022 | $2,476 | $90 | $2,386 | — | — |