Plan Snapshot
- Plan Sponsor: Nd Energy Services Management, INC.
- Sponsor EIN: 822473170
- Sponsor Address: 10874 29P ST SW, DICKINSON, ND, 58601
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 231
- 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. |
|---|---|---|---|---|
| 2025 | 231 | $16.6M | $0 | $0 |
| 2024 | 310 | $15.6M | $925,997 | $1.5M |
| 2023 | 340 | $12.6M | $809,296 | $1.3M |
| 2022 | 237 | $8.2M | $587,161 | $940,325 |
| 2020 | 199 | $6.4M | $358,394 | $560,659 |
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 |
|---|---|---|---|---|
| BRAVERA WEALTH | Recordkeeper | $38,941 | — | $38,941 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $38,941
- Estimated Expense Ratio: 0.234% of plan assets
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 |
|---|---|---|---|---|---|
| 2025 | $3,937,725 | — | — | — | — |
| 2024 | $27,954 | — | — | — | — |
| 2023 | $19,471 | — | — | — | — |
| 2022 | $10,281 | $5,146 | — | — | — |
| 2020 | $6,390 | $4,863 | — | — | — |