Plan Snapshot
- Plan Sponsor: Stockman Financial Corp.
- Sponsor EIN: 810399040
- Sponsor Address: PO BOX 250, MILES CITY, MT, 593010250
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 649
- Total Assets: $7.6M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 649 | $7.6M | $5.8M | $4.5M |
| 2023 | 602 | $6.9M | $5.9M | $3.5M |
| 2022 | 574 | $6.5M | $5.8M | $3.3M |
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 |
|---|---|---|---|---|
| ALLIGIANCE BENEFIT PLAN MGMT, INC. | Other Service Provider | $123,898 | $5,573 | $129,471 |
| RIGHTWAY HEALTHCARE | Other Service Provider | $38,698 | — | $38,698 |
| ALLEGIANCE CARE MANAGEMENT, INC. | Other Service Provider | $15,197 | — | $15,197 |
| ALLEGIANCE COBRA SERVICES | Other Service Provider | $5,330 | — | $5,330 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $188,696
- Estimated Expense Ratio: 2.487% 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 | $188,861 | — | $144,425 | — | — |
| 2023 | $172,162 | — | $129,197 | — | — |
| 2022 | $154,342 | — | $154,342 | — | — |