401k Record

Employers › Dakota Community Bank & Trust

Dakota Community Bank & Trust 401(k)

Recordkeeping fees per participant · Dakota Community Bank & Trust 401(k) Retirement Plan · plan year 2024

$511.80

Higher than 99% of the 14,075 plans $10 to 50M that report it.

Source

= $91,101 / 178
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250731125425NAL0002589907001, received 2025-07-31
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250731125425NAL0002589907001, received 2025-07-31

10th: $10.53median $83.9490th: $217.08

Percentiles compare this plan with the Schedule H plans $10 to 50M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-07-31.

Cost and contributions

Administrative expenses excluding investment management, per participant

$511.80

10th: $15.36median $118.8890th: $340.63

Higher than 97% of the 24,371 plans $10 to 50M that report it.

Source

= $91,101 / 178
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250731125425NAL0002589907001, received 2025-07-31
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250731125425NAL0002589907001, received 2025-07-31

Administrative expenses per participant

$511.80

10th: $26.86median $197.2590th: $456.10

Higher than 93% of the 25,098 plans $10 to 50M that report it.

Source

= $91,101 / 178
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250731125425NAL0002589907001, received 2025-07-31
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250731125425NAL0002589907001, received 2025-07-31

Administrative expenses as a share of assets

0.288%

10th: 0.035%median 0.289%90th: 0.599%

Higher than 50% of the 25,132 plans $10 to 50M that report it.

Source

= $91,101 / $31,610,567
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250731125425NAL0002589907001, received 2025-07-31
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250731125425NAL0002589907001, received 2025-07-31

Employer contributions per participant

$2,037

10th: $664median $2,07490th: $4,751

Higher than 49% of the 24,050 plans $10 to 50M that report it.

Source

= $362,527 / 178
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250731125425NAL0002589907001, received 2025-07-31
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250731125425NAL0002589907001, received 2025-07-31

Employer share of total contributions

17.0%

10th: 13.1%median 27.9%90th: 45.2%

Higher than 17% of the 24,084 plans $10 to 50M that report it.

Source

= $362,527 / $2,134,727
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250731125425NAL0002589907001, received 2025-07-31
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250731125425NAL0002589907001, received 2025-07-31

Plan terms, as stated in Dakota Community Bank & Trust NA's SEC filings

Plan terms are not published in public filings.

Plan features

2E profit-sharing · 2J 401(k) feature · 2K 401(m) arrangement · 2F ERISA 404(c) plan · 2G fully participant-directed · 2R participant brokerage window · 3D IRS pre-approved plan · 2T default investment (QDIA) · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250731125425NAL0002589907001, received 2025-07-31

Full record, Dakota Community Bank & Trust 401(k) Retirement Plan

FieldValueSource
Plan sponsorDAKOTA COMMUNITY BANK & TRUSTForm 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250731125425NAL0002589907001, received 2025-07-31
Plan nameDAKOTA COMMUNITY BANK & TRUST 401(K) RETIREMENT PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20250731125425NAL0002589907001, received 2025-07-31
Sponsor EIN / plan number45-0192605 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250731125425NAL0002589907001, received 2025-07-31
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250731125425NAL0002589907001, received 2025-07-31
Sponsor locationBISMARCK, NDForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250731125425NAL0002589907001, received 2025-07-31
Industry (business code)522110, Finance and insuranceForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20250731125425NAL0002589907001, received 2025-07-31
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250731125425NAL0002589907001, received 2025-07-31
Filing received2025-07-31Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250731125425NAL0002589907001, received 2025-07-31
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250731125425NAL0002589907001, received 2025-07-31
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20250731125425NAL0002589907001, received 2025-07-31
Participants, beginning of year202Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250731125425NAL0002589907001, received 2025-07-31
Active participants165Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250731125425NAL0002589907001, received 2025-07-31
Participants, end of year197Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250731125425NAL0002589907001, received 2025-07-31
Participants with an account balance178Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250731125425NAL0002589907001, received 2025-07-31
Total assets, beginning of year$26,907,321Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250731125425NAL0002589907001, received 2025-07-31
Total assets, end of year$31,610,567Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250731125425NAL0002589907001, received 2025-07-31
Net assets, end of year$31,610,567Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250731125425NAL0002589907001, received 2025-07-31
Total income$5,675,478Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250731125425NAL0002589907001, received 2025-07-31
Net income$4,703,246Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250731125425NAL0002589907001, received 2025-07-31
Employer contributions$362,527Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250731125425NAL0002589907001, received 2025-07-31
Participant contributions$1,088,643Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250731125425NAL0002589907001, received 2025-07-31
Other contributions (incl. rollovers)$683,557Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250731125425NAL0002589907001, received 2025-07-31
Total contributions$2,134,727Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250731125425NAL0002589907001, received 2025-07-31
Benefit payments$881,131Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250731125425NAL0002589907001, received 2025-07-31
Total expenses (incl. benefit payments)$972,232Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250731125425NAL0002589907001, received 2025-07-31
Total administrative expenses$91,101Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250731125425NAL0002589907001, received 2025-07-31
Recordkeeping fees$91,101Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250731125425NAL0002589907001, received 2025-07-31
Administrative expenses excluding investment management$91,101derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250731125425NAL0002589907001, received 2025-07-31
Held in mutual funds$31,140,889Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250731125425NAL0002589907001, received 2025-07-31
Independent auditorKCOE ISOM, LLPSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250731125425NAL0002589907001, received 2025-07-31

Position = column in the DOL layout for form year 2024. Filing 20250731125425NAL0002589907001, received 2025-07-31.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
BENEFIT PLANS ADMIN. SERVICE, INC.recordkeeperTPA/ RECORDKEEPER 15 Recordkeeping and information management; 37 Participant loan processing; 63 Distribution (12b-1) fees; 27 Investment advisory (plan); 17 Consulting (pension); 19 Custodial (securities); 51 Investment management fees paid directly by plan; 14 Plan administrator; 38 Participant communication; 60 Sub-transfer agency fees $90,488yes

Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250731125425NAL0002589907001, received 2025-07-31.

What changed since the 2023 plan year

Figure20232024Change
Total assets$26,907,321$31,610,56717.5%
Participants with a balance1721783.5%
Administrative expenses$78,800$91,10115.6%
Recordkeeping fees per participant$408.38$511.8025.3%
Employer contributions$340,145$362,5276.6%

Prior filing 20240919073407NAL0005803857001, received 2024-09-19; the plan years are contiguous.

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Sponsor name as filed: DAKOTA COMMUNITY BANK & TRUST; SEC registrant: Dakota Community Bank & Trust NA (CIK 1950556, matched by EIN).