Plan Ledger DOL Form 5500 · updated monthly

South Dakota Council of Community Behavioral Hea401(k)

SOUTH DAKOTA ASSOCIATIONS OF COMMUNITY-BASED HUMAN SERVICES RETIREMENT PLAN · PIERRE, SD · plan year 2025

Reported admin expense ratio · 2025
0.55%

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

South Dakota Council of Community Behavioral Hea reported $310,981 in plan administrative expenses for 2025: 0.55% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,000 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 fell from 0.58% to 0.55%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 33rd-largest of 233 plans among South Dakota employers on file, and the 1,619th of 11,911 in health care & social assistance. In 2025, employees put in $1.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$59,832,795
Participants with balances1,053
Active participants1,789
Employer contributions$1,789,292
Employee contributions$3,029,901
Employer contribution per active participant$1,000
Average account balance$56,821
Benefits paid to participants$5,119,635
Plan auditUnmodified (clean) audit opinion
AuditorKETEL THORESTENSON
Plan history4
Yearassets · accounts · employer contribution
2025$59.8M · 1,053 accts · $1.8M emplr
2024$52.6M · 1,132 accts · $1.8M emplr
2023$49.8M · 1,180 accts · $1.8M emplr
2022$43.2M · 1,124 accts · $1.7M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$310,981
Total administrative$310,981
The South Dakota Council of Community Behavioral Hea 401(k) match · 2025
Employer contribution per active participant$1,000
Median for plans this size$4,093
2025$1,000 per active participant
2024$972 per active participant
2023$980 per active participant
2022$872 per active participant

South Dakota Council of Community Behavioral Hea's 2025 employer contribution ran below the $4,093 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
BENEFIT PLANS ADMIN SERVICES, INC. · Recordkeeping · Consulting$297,399
BMS FINANCIAL ADVISORS · Consulting · Participant communication$10,962

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

Recordkeeper by year3
2025BENEFIT PLANS ADMIN SERVICES, INC.
2024BENEFIT PLANS ADMIN SERVICES, INC.
2023BENEFIT PLANS ADMIN SERVICES, INC.

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

Administrative cost history4
2025$310,981 · 0.55%
2024$294,849 · 0.58%
2023$270,696 · 0.58%
2022$257,089 · 0.58%
Similar plansHealth Care & Social Assistance · South Dakota
Cnos, PC SD$86.6M · 0.04%
Orthopedic Institute SD$74.0M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460442372 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.