Plan Ledger DOL Form 5500 · updated monthly

Central Dakota Frontier Cooperative401(k)

CO-OP 401(K) PLAN · NAPOLEON, ND · plan year 2024

Reported admin expense ratio · 2024
0.54%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Central Dakota Frontier Cooperative reported $33,243 in plan administrative expenses for 2024: 0.54% of average plan assets, above the peer median. Employer contributions averaged $3,032 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.54%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in North Dakota (215th of 279), and 566th of 945 in agriculture, forestry & fishing. In 2024, the employer put in $1.45 for every $1.00 employees contributed themselves; active participation has grown from 74 to 85 since 2022.

Plan summary
Net assets, end of year$6,755,288
Participants with balances118
Active participants85
Employer contributions$257,715
Employee contributions$177,798
Employer contribution per active participant$3,032
Average account balance$57,248
Benefits paid to participants$27,228
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.8M · 118 accts · $258K emplr
2023$5.5M · 103 accts · $237K emplr
2022$5.7M · 105 accts · $272K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,516
Total administrative$33,243
The Central Dakota Frontier Cooperative 401(k) match · 2024
Employer contribution per active participant$3,032
Median for plans this size$1,313
2024$3,032 per active participant
2023$2,921 per active participant
2022$3,677 per active participant

Central Dakota Frontier Cooperative's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
MILLIMAN, INC. · Recordkeeping · Loan processing$29,211

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Milliman
2023Milliman

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$33,243 · 0.54%
2023$31,065 · 0.55%
2022$32,556 · 0.56%
Similar plansAgriculture, Forestry & Fishing · North Dakota
Farmers Union Oil Company ND$11.4M · 0.38%
Legacy Cooperative ND$11.3M · 0.40%
Farmers Union Oil Company ND$8.1M · 0.14%
Norwood Sales, Inc. ND$8.1M · 0.69%
Envision Cooperative ND$5.9M · 0.65%
Farmers Union Oil Company ND$3.8M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 450224095 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.