Plan Ledger DOL Form 5500 · updated monthly

Dakota Nation Gaming Enterprise401(k)

DAKOTA NATION 401(K) PLAN AND TRUST · HANKINSON, ND · plan year 2024

Reported admin expense ratio · 2024
1.13%

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

Dakota Nation Gaming Enterprise reported $142,741 in plan administrative expenses for 2024: 1.13% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,368 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 0.76% to 1.13%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in North Dakota (153rd of 279), and the 454th of 2,240 in accommodation & food services. In 2024, employees put in $1.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,320,301
Participants with balances799
Active participants730
Employer contributions$998,671
Employee contributions$1,260,142
Employer contribution per active participant$1,368
Average account balance$16,671
Benefits paid to participants$1,885,053
Plan auditUnmodified (clean) audit opinion
AuditorBOYUM BARENSCHEER PLLP
Plan history3
Yearassets · accounts · employer contribution
2024$13.3M · 799 accts · $999K emplr
2023$11.9M · 1,027 accts · $852K emplr
2022$10.3M · 937 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$115,673
Investment management$27,068
Total administrative$142,741
The Dakota Nation Gaming Enterprise 401(k) match · 2024
Employer contribution per active participant$1,368
Median for plans this size$2,416
2024$1,368 per active participant
2023$1,179 per active participant
2022$1,529 per active participant

Dakota Nation Gaming Enterprise's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
DEFINITI LLC · Recordkeeping · Loan processing$115,674
FUTURE BRIGHT, LLC · Investment advisory (plan)$27,068

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

Recordkeeper by year2
2024Definiti
2023Definiti

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

Administrative cost history3
2024$142,741 · 1.13%
2023$95,283 · 0.86%
2022$79,250 · 0.76%
Similar plansAccommodation & Food Services · North Dakota
Sandestin Beach Hotel, LTD FL$13.4M · 0.60%
Opaa Food Management, Inc. MO$13.3M · 0.37%
Blackberry Farm TN$13.3M · 0.85%
Brock and Company, Inc. PA$13.3M · 0.49%
Malones Holding LLC KY$13.1M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 450438120 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.