Plan Snapshot
- Plan Sponsor: Plains Ag, LLC
- Sponsor EIN: 463450928
- Sponsor Address: 3484 194 BUSINESS LOOP EAST, DICKINSON, ND, 58601
- Plan Type: 401(k)
- Total Participants: 290
- Total Assets: $24.5M
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 | 290 | $24.5M | $648,860 | $1.9M |
| 2023 | 270 | $21.7M | $602,559 | $1.7M |
| 2022 | 245 | $18.2M | $547,090 | $1.5M |
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 |
|---|---|---|---|---|
| MORNINGSTAR INVESTMENT MGMT LLC | Investment Advisor | $16,427 | — | $16,427 |
| SENTRY LIFE INSURANCE COMPANY | Recordkeeper | $5,868 | — | $5,868 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $22,295
- Estimated Expense Ratio: 0.091% 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 | $22,295 | $16,427 | — | — | — |
| 2023 | $21,900 | $17,224 | — | — | — |
| 2022 | $21,542 | $15,674 | $5,868 | — | — |