Plan Ledger DOL Form 5500 · updated monthly

Dacotah Foundation401(k)

DACOTAH FOUNDATION RETIREMENT PLAN · BISMARCK, ND · plan year 2022

Reported admin expense ratio · 2022
1.33%

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

Dacotah Foundation reported $10,565 in plan administrative expenses for 2022: 1.33% of average plan assets, above the peer median. Employer contributions averaged $419 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in North Dakota (273rd of 279), and 3,102nd of 3,341 in other services. In 2022, employees put in $1.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$857,306
Participants with balances84
Active participants103
Employer contributions$43,156
Employee contributions$52,884
Employer contribution per active participant$419
Average account balance$10,206
Benefits paid to participants$49,904
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Investment management$8,380
Total administrative$10,565
The Dacotah Foundation 401(k) match · 2022
Employer contribution per active participant$419
Median for plans this size$331

Dacotah Foundation's 2022 employer contribution ran above the $331 median for plans its size. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$10,565 · 1.33%
Similar plansOther Services · North Dakota
Pride Inc. ND$22.8M · 0.61%
Open Door Center ND$22.8M · 0.24%
Pawnee Tribal Development OK$873K · 2.03%
Family Wellness LLC ND$869K · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237115398 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.