Plan Snapshot
- Plan Sponsor: Pete Lien & Sons, INC.
- Sponsor EIN: 460271589
- Sponsor Address: 3401 UNIVERSAL DRIVE, RAPID CITY, SD, 57709
- Plan Type: 401(k)
- Total Participants: 438
- Total Assets: $57.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 438 | $57.3M | $1.9M | $3.0M |
| 2023 | 396 | $50.0M | $1.6M | $2.6M |
| 2022 | 361 | $44.3M | $1.4M | $2.3M |
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 | $13,381 | — | $13,381 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EIDE BAILLY, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $13,381
- Estimated Expense Ratio: 0.023% 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 |
|---|---|---|---|---|---|
| 2024 | $113,201 | $48,000 | — | $13,381 | — |
| 2023 | $123,363 | $60,000 | — | $12,160 | — |
| 2022 | $131,770 | $48,249 | $71,380 | — | $12,141 |