2023 Form 5500 filing — Dakota Red Corporation 401(K) Profit Sharing 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 20241015090852NAL0048603584003) for Dakota Red Corporation 401(K) Profit Sharing Plan, reported by Dakota Red Corporation under EIN 42-1304397 and plan number 001. It reports 273 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$31.9MReported net assets$31,903,612
Participants273
Provider compensation$109K6 Schedule C row(s)$108,985
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241015090852NAL0048603584003
- Plan sponsor
- Dakota Red Corporation
- EIN
- 42-1304397
- Plan number
- 001
- Location
- Cedar Rapids, IA
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$31.9M total assets
Net assets$31.9MLiabilities—
Full reported line items
- Total assets (EOY)
- $31,903,612
- Net assets (EOY)
- $31,903,612
- Employer contributions
- $1,094,885
- Participant contributions
- $1,058,868
- Total income / additions
- $6,453,580
- Benefits paid
- $4,418,721
- Administrative expenses
- $108,984
- Total expenses
- $4,549,713
- Net increase / (decrease)
- $1,903,867
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transamerica Retirement Solutions | RECORDKEEPER | $43,771 | $0 |
| Bank Of America Na | ADVISORY | $29,233 | not reported in the loaded dataset |
| Bghn | AUDIT | $21,000 | not reported in the loaded dataset |
| Envestnet Retirement Solutions LLC | ADVISORY | $8,656 | not reported in the loaded dataset |
| Merrill Lynch Life Agency, Inc. | ADVISORY | $6,055 | not reported in the loaded dataset |
| Transamerica Financial Life Insr Co | RECORD KEEPER | $270 | $0 |