Plan Snapshot
- Plan Sponsor: Rapid City Medical Center, LLP
- Sponsor EIN: 460218851
- Sponsor Address: 2820 MOUNT RUSHMORE ROAD, RAPID CITY, SD, 57701
- Plan Type: 401(k)
- Total Participants: 437
- Total Assets: $74.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 437 | $74.6M | $3.3M | $2.6M |
| 2023 | 463 | $70.3M | $2.9M | $2.6M |
| 2022 | 478 | $61.2M | $3.1M | $2.5M |
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 |
|---|---|---|---|---|
| KETEL THORSTENSON,LLP | Auditor | — | — | $0 |
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: $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 | $155,849 | $140,944 | — | — | — |
| 2023 | $136,114 | $121,218 | — | — | — |
| 2022 | $148,968 | $23,378 | — | — | — |