# First Rate Excavate, INC. DC Plan
Source: https://planprovider.pro/companies/first-rate-excavate-inc-plan

> First Rate Excavate, INC.&#39;s DC plan: 92 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** First Rate Excavate, INC.

- **Sponsor EIN:** 460366927

- **Sponsor Address:** 1509 EAST 39TH STREET NORTH, SIOUX FALLS, SD, 57104

- **Plan Type:** DC

- **Total Participants:** 92

- **Total Assets:** $6.9M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|92|$6.9M|$491,534|$0|

| 2023|89|$7.0M|$0|$0|

| 2022|86|$6.8M|$0|$0|

| 2020|88|$6.9M|$31,224|$0|

| 2019|82|$5.7M|$13,725|$0|

## 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|

| EIDE BAILLY, LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [EIDE BAILLY, LLP](https://planprovider.pro/provider/eide-bailly-llp) — Auditor

## 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|$70,297|—|—|—|—|

| 2023|$68,980|—|$16,700|$3,186|—|

| 2022|$53,726|—|—|—|—|

| 2020|$137,196|—|$40,550|—|—|

| 2019|$154,133|—|$39,965|—|—|

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