Plan Snapshot
- Plan Sponsor: Pride INC.
- Sponsor EIN: 450332197
- Sponsor Address: PO BOX 4086, BISMARCK, ND, 585024086
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 228
- Total Assets: $22.8M
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 | 228 | $22.8M | $1.3M | $468,792 |
| 2023 | 243 | $20.4M | $1.3M | $445,593 |
| 2022 | 258 | $17.9M | $1.3M | $446,854 |
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 |
|---|---|---|---|---|
| BRAVERA WEALTH | Recordkeeper | $132,849 | — | $132,849 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $132,849
- Estimated Expense Ratio: 0.582% 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 | $132,849 | $50,708 | — | — | — |
| 2023 | $124,246 | $7,071 | $7,185 | — | — |
| 2022 | $109,629 | — | — | — | — |