Plan Snapshot
- Plan Sponsor: Presbyterian Retirement Village Of Rapid City, INC. Dba Westhills Vill
- Sponsor EIN: 460354383
- Sponsor Address: 225 TEXAS STREET, RAPID CITY, SD, 57701
- Plan Type: 401(k)
- Total Participants: 190
- Total Assets: $7.3M
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 | 190 | $7.3M | $243,000 | $399,416 |
| 2023 | 158 | $7.2M | $223,919 | $364,551 |
| 2022 | 125 | $6.5M | $212,137 | $358,962 |
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 |
|---|---|---|---|---|
| KETEL THORSTENSON, LLP | Auditor | $2,370 | — | $2,370 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KETEL THORSTENSON, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,370
- Estimated Expense Ratio: 0.032% 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 | $35,140 | $1,734 | — | $2,370 | — |
| 2023 | $63,301 | $1,218 | — | $8,762 | — |
| 2022 | $58,339 | — | $58,339 | — | — |