Plan Snapshot
- Plan Sponsor: Lower Sioux Indian Community In The State Of Minnesota
- Sponsor EIN: 410991683
- Sponsor Address: 39375 COUNTY HIGHWAY 24, MORTON, MN, 56270
- Plan Type: 401(k)
- Total Participants: 676
- Total Assets: $8.7M
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 | 676 | $8.7M | $241,925 | $749,840 |
| 2023 | 589 | $7.9M | $212,371 | $665,590 |
| 2022 | 528 | $7.2M | $173,837 | $590,716 |
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 |
|---|---|---|---|---|
| SCHECHTER DOKKEN KANTER | 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 | $57,389 | — | $57,389 | — | — |
| 2023 | $83,879 | — | $83,879 | — | — |
| 2022 | $78,784 | — | $78,784 | — | — |