Plan Snapshot
- Plan Sponsor: Sioux Steel Company
- Sponsor EIN: 460219627
- Sponsor Address: 196 1/2 EAST 6TH STREET, SIOUX FALLS, SD, 57101
- Plan Type: 401(k)
- Total Participants: 229
- Total Assets: $13.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 229 | $13.9M | $285,107 | $748,033 |
| 2023 | 168 | $13.1M | $339,723 | $669,647 |
| 2022 | 191 | $11.3M | $117,135 | $613,220 |
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 |
|---|---|---|---|---|
| EIDE BAILLY LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EIDE BAILLY 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 | $67,764 | — | $67,764 | — | — |
| 2023 | $58,447 | — | $58,447 | — | — |
| 2022 | $49,281 | — | $49,281 | — | — |