Plan Snapshot
- Plan Sponsor: Pioneer Bank & Trust
- Sponsor EIN: 460108155
- Sponsor Address: 125 EAST COLORADO BOULEVARD SUITE 1, SPEARFISH, SD, 57783
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 161
- Total Assets: $22.2M
Key Plan Design Features
- Auto-Enrollment: No
- 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. |
|---|---|---|---|---|
| 2025 | 161 | $22.2M | $0 | $0 |
| 2024 | 122 | $20.3M | $500,000 | $481,746 |
| 2023 | 131 | $19.4M | $742,000 | $466,493 |
| 2022 | 125 | $16.4M | $800,000 | $445,246 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $5,881 | — | $5,881 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,881
- Estimated Expense Ratio: 0.027% 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 | $2,313,108 | — | — | — | — |
| 2024 | $725 | — | — | — | — |
| 2023 | $125 | — | — | — | — |
| 2022 | $381 | — | $381 | — | — |