Dacotah Banks, Inc. 401(K) Savings Plan — Form 5500 plan (Dacotah Banks, Inc.)

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, Dacotah Banks, Inc. 401(K) Savings Plan is a benefit plan reported by Dacotah Banks, Inc. under EIN 46-0279766 and plan number 004. The latest loaded filing year is 2023. The filing reports 707 participants and $90,371,964 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Dacotah Banks, Inc.
EIN
46-0279766
Plan number
004
Plan type
2
Location
Aberdeen, SD
Latest filing year
2023
Participants
707
End-of-year plan assets
$90,371,964

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023707H, C20241015092427NAL0014306259001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$90,371,964
Total liabilities (EOY)
$0
Net assets (EOY)
$90,371,964
Net assets (BOY)
$74,630,582

Income & contributions

Employer contributions
$3,587,513
Participant contributions
$3,030,701
Total contributions
$8,190,255
Total income / additions
$23,047,391

Expenses & distributions

Benefits paid
$7,101,493
Administrative expenses
$204,516
Total expenses
$7,306,009
Net increase / (decrease)
$15,741,382

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Alerus Financial, N.A.NONE$204,516$02023

Related Form 5500 pages