South Dakota Network, LLC 401(K) Plan — Form 5500 plan (South Dakota Network, LLC)

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, South Dakota Network, LLC 401(K) Plan is a benefit plan reported by South Dakota Network, LLC under EIN 46-0454662 and plan number 001. The latest loaded filing year is 2023. The filing reports 177 participants and $26,526,729 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
South Dakota Network, LLC
EIN
46-0454662
Plan number
001
Plan type
2
Location
Sioux Falls, SD
Latest filing year
2023
Participants
177
End-of-year plan assets
$26,526,729

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023177H, C20240626102553NAL0012407888001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$26,526,729
Total liabilities (EOY)
$0
Net assets (EOY)
$26,526,729
Net assets (BOY)
$23,483,870

Income & contributions

Employer contributions
$766,487
Participant contributions
$986,977
Total contributions
$1,993,152
Total income / additions
$5,765,353

Expenses & distributions

Benefits paid
$2,622,660
Administrative expenses
$99,834
Total expenses
$2,722,494
Net increase / (decrease)
$3,042,859

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Merrill Lynch Pierce Fenner & SmithINVESTMENT ADVISOR$47,876not reported in the loaded dataset2023
Empower Annuity Insurance Company ORECORDKEEPER$29,347$02023
Eide Bailley, LlpAUDITOR$15,399not reported in the loaded dataset2023
Empower Advisory Group, LLCINVESTMENT MGMT$7,212not reported in the loaded dataset2023

Related Form 5500 pages