Lower Sioux Indian Community 401(K) Retirement Plan & Trust — Form 5500 plan (Lower Sioux Indian Community In The State Of Minnesota)
Plain-English plan 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, Lower Sioux Indian Community 401(K) Retirement Plan & Trust is a benefit plan reported by Lower Sioux Indian Community In The State Of Minnesota under EIN 41-0991683 and plan number 001. The latest loaded filing year is 2023. The filing reports 715 participants and $7,913,281 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Lower Sioux Indian Community In The State Of Minnesota
- EIN
- 41-0991683
- Plan number
- 001
- Plan type
- 2
- Location
- Morton, MN
- Latest filing year
- 2023
- Participants
- 715
- End-of-year plan assets
- $7,913,281
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 715 | H, C | 20250220153617NAL0008941600001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,913,281
- Net assets (EOY)
- $7,913,281
- Net assets (BOY)
- $7,161,322
Income & contributions
- Employer contributions
- $212,371
- Participant contributions
- $665,590
- Total contributions
- $1,016,085
- Total income / additions
- $2,160,551
Expenses & distributions
- Benefits paid
- $1,261,993
- Administrative expenses
- $83,879
- Total expenses
- $1,408,592
- Net increase / (decrease)
- $751,959
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Nationwide | CUSTODIAN | $48,152 | $0 | 2023 |
| Definiti | TPA | $35,727 | $0 | 2023 |
| Ameriprise Financial Services | ADVISOR | $0 | $22,079 | 2023 |
| Nationwide | CUSTODIAN | $0 | $7,127 | 2023 |