Plan Snapshot
- Plan Sponsor: Prairie Island Indian Community
- Sponsor EIN: 411231069
- Sponsor Address: PO BOX 75, RED WING, MN, 550660075
- Plan Type: 401(k)
- Total Participants: 1,293
- Total Assets: $53.7M
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 | 1,293 | $53.7M | $1.1M | $2.9M |
| 2023 | 1,231 | $48.6M | $938,354 | $2.6M |
| 2022 | 1,138 | $40.5M | $839,627 | $2.6M |
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 ANDREWS & S | 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 | $186,932 | $40,000 | $146,932 | — | — |
| 2023 | $173,733 | $40,000 | — | — | — |
| 2022 | $194,739 | — | $151,492 | — | $43,247 |