Plan Snapshot
- Plan Sponsor: Shakopee Mdewakanton Sioux Cty
- Sponsor EIN: 410989737
- Sponsor Address: 2400 MYSTIC LKE BLVD, PRIOR LAKE, MN, 55372
- Plan Type: 401(k)
- Total Participants: 387
- Total Assets: $12.4M
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 | 387 | $12.4M | $184,369 | $314,271 |
| 2023 | 430 | $12.8M | $235,933 | $449,009 |
| 2022 | 373 | $10.7M | $245,021 | $472,595 |
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 |
|---|---|---|---|---|
| WIPFLI, LLP | 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 | $18,289 | $5,785 | — | — | — |
| 2023 | $16,358 | $7 | — | — | — |
| 2022 | $12,601 | $6,918 | $440 | — | $1,240 |