Dakota Community Bank & Trust 401(K) Retirement Plan — Form 5500 plan (Dakota Community Bank & Trust)
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, Dakota Community Bank & Trust 401(K) Retirement Plan is a benefit plan reported by Dakota Community Bank & Trust under EIN 45-0192605 and plan number 001. The latest loaded filing year is 2023. The filing reports 200 participants and $26,907,321 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Dakota Community Bank & Trust
- EIN
- 45-0192605
- Plan number
- 001
- Plan type
- 2
- Location
- Bismarck, ND
- Latest filing year
- 2023
- Participants
- 200
- End-of-year plan assets
- $26,907,321
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 200 | H, C | 20240919073407NAL0005803857001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $26,907,321
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $26,907,321
- Net assets (BOY)
- $23,878,585
Income & contributions
- Employer contributions
- $340,145
- Participant contributions
- $1,029,695
- Total contributions
- $1,426,136
- Total income / additions
- $5,134,520
Expenses & distributions
- Benefits paid
- $2,026,984
- Administrative expenses
- $78,800
- Total expenses
- $2,105,784
- Net increase / (decrease)
- $3,028,736
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Benefit Plans Admin. Service, Inc. | TPA/ RECORDKEEPER | $78,800 | $0 | 2023 |