Plan Ledger DOL Form 5500 · updated monthly

Dakota Boys and Girls Ranch401(k)

403(B) THRIFT PLAN FOR EMPLOYEES OF DAKOTA BOYS AND GIRLS RANCH · MINOT, ND · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Dakota Boys and Girls Ranch reported $2,393 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $851 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 0.00% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 100th-largest of 279 plans among North Dakota employers on file, and the 3,335th of 11,911 in health care & social assistance. In 2024, employees put in $1.70 for every $1.00 the employer contributed; active participation has grown from 297 to 545 since 2022.

Plan summary
Net assets, end of year$23,125,268
Participants with balances360
Active participants545
Employer contributions$463,994
Employee contributions$787,883
Employer contribution per active participant$851
Average account balance$64,237
Benefits paid to participants$3,811,805
Plan auditUnmodified (clean) audit opinion
AuditorBRADY MARTZ, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$23.1M · 360 accts · $464K emplr
2023$18.0M · 320 accts · $340K emplr
2022$16.9M · 321 accts · $360K emplr
The Dakota Boys and Girls Ranch 401(k) match · 2024
Employer contribution per active participant$851
Median for plans this size$2,416
2024$851 per active participant
2023$955 per active participant
2022$1,211 per active participant

Dakota Boys and Girls Ranch'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.

Administrative cost history3
2024$2,393 · 0.01%
2023$1,706 · 0.01%
2022$749 · 0.00%
Same employer
Similar plansHealth Care & Social Assistance · North Dakota
Hit, Inc. ND$27.4M · 0.02%
Anne Carlsen Center ND$26.6M · 0.35%
Dms Imaging Inc. ND$21.8M · 0.07%
Aldevron, LLC ND$20.1M · 0.57%
Sanford Bismarck ND$20.0M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 450333670 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.