2023 Form 5500 filing — Dacotah Banks, Inc. 401(K) Savings 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 20241015092427NAL0014306259001) for Dacotah Banks, Inc. 401(K) Savings Plan, reported by Dacotah Banks, Inc. under EIN 46-0279766 and plan number 004. It reports 707 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015092427NAL0014306259001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Dacotah Banks, Inc.
- EIN
- 46-0279766
- Plan number
- 004
- Location
- Aberdeen, SD
- Participants
- 707
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $90,371,964
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $90,371,964
- Employer contributions
- $3,587,513
- Participant contributions
- $3,030,701
- Total income / additions
- $23,047,391
- Benefits paid
- $7,101,493
- Administrative expenses
- $204,516
- Total expenses
- $7,306,009
- Net increase / (decrease)
- $15,741,382
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Alerus Financial, N.A. | NONE | $204,516 | $0 |