Plan Ledger DOL Form 5500 · updated monthly

Dacotah Paper Company401(k)

DACOTAH PAPER COMPANY EMPLOYEES PROFIT SHARING PLAN · FARGO, ND · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Dacotah Paper Company reported $70,525 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $1,142 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 2 years on file its reported administrative ratio rose from 0.28% to 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 120th-largest of 279 plans among North Dakota employers on file, and the 6,039th of 13,661 in manufacturing. In 2024, employees put in $3.26 for every $1.00 the employer contributed; active participation has grown from 150 to 169 since 2022.

Plan summary
Net assets, end of year$19,454,678
Participants with balances231
Active participants169
Employer contributions$192,924
Employee contributions$628,249
Employer contribution per active participant$1,142
Average account balance$84,219
Benefits paid to participants$2,145,851
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.5M · 231 accts · $193K emplr
2023$18.0M · 267 accts · $237K emplr
2022$17.1M · 274 accts · $332K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$70,525
Total administrative$70,525
The Dacotah Paper Company 401(k) match · 2024
Employer contribution per active participant$1,142
Median for plans this size$2,416
2024$1,142 per active participant
2023$1,435 per active participant
2022$2,213 per active participant

Dacotah Paper Company's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20245
LPL FINANCIAL · Investment advisory (plan)$27,947
ASCENSUS HOLDINGS INC DBA · Contract administrator$9,380
EMPOWER ADVISORY GROUP · Investment management$5,481
BANCWEST INVESTMENT SERVICES · Investment advisory (plan)indirect comp

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

Administrative cost history3
2024$70,525 · 0.38%
2023$63,660 · 0.36%
2022$52,884 · 0.28%
Same employer
Similar plansManufacturing · North Dakota
Newman Signs, Inc. ND$21.6M · 0.24%
Ideal Aerosmith, Inc. ND$21.0M · 0.32%
Red River Commodities, Inc. ND$20.7M · 0.27%
Korber Pharma, Inc. ND$18.6M · 0.28%
Weisgram Metal Fab, Inc. ND$17.7M · 0.34%
Cloverdale Foods Company ND$17.1M · 0.75%
Gpk Products, Inc. ND$15.8M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 450233031 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.