401(k) · DOL Form 5500 · 2022

First Dakota Financial Corporation 401(k) Plan

Data updated 2026-08-25

$66M
Total assets Below avg plan size
362
Participants Below avg headcount
90th
Percentile by assets National rank
$183,234
Avg per participant Above avg balance/head
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Official DOL plan name: First Dakota Financial Corporation 401(k) Plan · Sponsored by First Dakota Financial Corporation · South Dakota · Finance & Insurance

$66M in assets, 362 participants

First Dakota Financial Corporation's First Dakota Financial Corporation 401(k) Plan reported $66M in total assets and 362 participants in its 2022 DOL Form 5500 filing, ranking in the 90th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #7,794 in Finance & Insurance (9,261 peers)

Where First Dakota Financial Corporation 401(k) Plan sits by assets

First Dakota Financial Corporation 401(k) Plan sits in the top 10% of all filed plans by assets, $66M for 362 participants (~$183,234/participant), down 12.9% in 2022.

#7,794
in Finance & Insurance (9,261 peers)
-12.9%
assets change YoY
0.7×
vs typical plan assets (national mean)

The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

First Dakota Financial Corporation 401(k) Plan's outsized position by total assets

First Dakota Financial Corporation 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$66,330,651 Top 10% higher than 90% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

First Dakota Financial Corporation 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. First Dakota Financial Corporation 401(k) Plan sits mid-pack in the medium band (362 participants).

Plan-year Form 5500 strip

Filing strip 460402899 · First Dakota Financial Corporation PY 2022 · 401(k)

First Dakota Financial Corporation 401(k) Plan · $66M · 362 · 90th

  • 5500 $66M
  • ASSETS 362
  • PCT 90th
  • EIN 401(k)
  • RANK near Springpoint Senior Living, Inc. 401(k) Plan
  • PHOTO ind #7794

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in South Dakota →

First Dakota Financial Corporation 401(k) Plan in the asset neighbourhood

Kapsch Trafficcom 401(k) Plan$66MFirst Dakota Financial Corporation 401(k) PlanFirst Dakota Financial Corpo…$66MSpringpoint Senior Living, Inc. 401(k) PlanSpringpoint Senior Living, I…$66MCsa America Standards, Inc. Retirement Savings PlanCsa America Standards, Inc. …$66MPbk Architects, Inc. 401(k) Profit Sharing Plan & TrustPbk Architects, Inc. 401(k) …$66M
End-of-year total assets ($M) among First Dakota Financial Corporation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$76M
Net Assets (End of Year)$66M
Net Income-$10M
Employer EIN460402899
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First Dakota Financial Corporation)

Sponsor-wide plan assets over time

All First Dakota Financial Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$93M 40.47781620596487% vs 2022
2024 filing year
$60M$70M$80M$90M$100M 202220232024 $66.3M $93.2M ▲ +40.5%
Year Plans Participants Total Assets
2022 1 362 $66M
2023 1 367 $79M
2024 1 364 $93M

Nearby 401(k) Plans in South Dakota

Peer 401(k) plans, same state, same plan type, ranked by total assets.

First Dakota Financial Corporation 401(k) Plan vs. nearby 401(k) plans in South Dakota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 0200400600800 Total assets ($M) Participants First Dakota Financial Corporation 401(k) Plan, Total assets ($M): 66.330651 · Participants: 362First Dakota Financial Corporation 401(k) PlanBlack Hills Corporation 401(k) Retirement Savings Plan, Total assets ($M): 615.260397 · Participants: 2873Black Hills Corporation 401(k) Retirement Savings PlanGood Samaritan Society 401(k) Plan, Total assets ($M): 212.264423 · Participants: 13988Good Samaritan Society 401(k) PlanDaktronics, Inc. 401(k) Plan, Total assets ($M): 189.289255 · Participants: 2033Daktronics, Inc. 401(k) PlanPremier 401(k) Plan, Total assets ($M): 183.910332 · Participants: 1883Premier 401(k) PlanPoet Biorefining 401(k) Plan, Total assets ($M): 171.826935 · Participants: 2022Poet Biorefining 401(k) Plan
First Dakota Financial Corporation 401(k) Plan vs. nearby 401(k) plans in South Dakota, assets vs. participants
Compare First Dakota Financial Corporation 401(k) Plan side-by-side with 3 peers →

First Dakota Financial Corporation 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside South Dakota, the nearest 401(k) by assets is Springpoint Senior Living, Inc. 401(k) Plan in NJ ($66M); by covered participants it is Choice Investments Savings Plan in WV (362 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (362 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did First Dakota Financial Corporation 401(k) Plan assets move in 2022? ▼
First Dakota Financial Corporation 401(k) Plan pulled back noticeably - down 12.9% during 2022, from $76M to $66M. Reported net income was -$10M.
How have First Dakota Financial Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First Dakota Financial Corporation's sponsor-wide assets grew 40.5%, from $66M to $93M.
Where does First Dakota Financial Corporation 401(k) Plan rank by assets among Form 5500 filers? ▼
First Dakota Financial Corporation 401(k) Plan ranks in the 90th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to First Dakota Financial Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Springpoint Senior Living, Inc. 401(k) Plan in NJ ($66M, 951 participants).
Which 401(k) plans cover a similar participant headcount to First Dakota Financial Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Choice Investments Savings Plan in WV (362 participants, $14M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 460402899.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.