Plan Snapshot
- Plan Sponsor: Liv Employee Benefits, LLC
- Sponsor EIN: 208618503
- Sponsor Address: 502 WEST BOULEVARD, RAPID CITY, SD, 57701
- Plan Type: 401(k)
- Total Participants: 733
- Total Assets: $5.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 733 | $5.3M | $421,758 | $1.1M |
| 2023 | 576 | $3.8M | $394,585 | $1.0M |
| 2022 | 433 | $2.8M | $354,751 | $901,463 |
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 |
|---|---|---|---|---|
| KETEL THORSTENSON LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KETEL THORSTENSON 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 | $57,032 | — | — | — | — |
| 2023 | $83,558 | $9,603 | — | — | — |
| 2022 | $80,613 | — | — | — | — |