2023 Form 5500 filing — South Dakota Network, LLC 401(K) Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240626102553NAL0012407888001) for South Dakota Network, LLC 401(K) Plan, reported by South Dakota Network, LLC under EIN 46-0454662 and plan number 001. It reports 177 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240626102553NAL0012407888001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- South Dakota Network, LLC
- EIN
- 46-0454662
- Plan number
- 001
- Location
- Sioux Falls, SD
- Participants
- 177
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $26,526,729
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $26,526,729
- Employer contributions
- $766,487
- Participant contributions
- $986,977
- Total income / additions
- $5,765,353
- Benefits paid
- $2,622,660
- Administrative expenses
- $99,834
- Total expenses
- $2,722,494
- Net increase / (decrease)
- $3,042,859
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Merrill Lynch Pierce Fenner & Smith | INVESTMENT ADVISOR | $47,876 | not reported in the loaded dataset |
| Empower Annuity Insurance Company O | RECORDKEEPER | $29,347 | $0 |
| Eide Bailley, Llp | AUDITOR | $15,399 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $7,212 | not reported in the loaded dataset |