401(k) · DOL Form 5500 · 2024

First Dakota Financial Corporation 401(k) Plan

Data updated 2026-08-25

$93M
Total assets Below avg plan size
364
Participants Below avg headcount
90th
Percentile by assets National rank
$255,989
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: First Dakota Financial Corporation 401(k) Plan · Sponsored by First Dakota Financial Corporation · South Dakota · Finance & Insurance

$93M in assets, 364 participants

First Dakota Financial Corporation's First Dakota Financial Corporation 401(k) Plan reported $93M in total assets and 364 participants in its 2024 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.

  • #7,209 in Finance & Insurance (8,549 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, $93M for 364 participants (~$255,989/participant), up 18.0% in 2024.

#7,209
in Finance & Insurance (8,549 peers)
+18.0%
assets growth YoY
0.9×
vs typical plan assets (national mean)

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 2024 · DOL Form 5500

$93,179,850 Top 10% higher than 90% of 123,620 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 2024

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

Plan-year 2024 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 (364 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • First Dakota Financial Corporation 401(k) Plan end-of-year assets rose from $79M in the plan year 2023 filing to $93M in the plan year 2024 filing.
  • First Dakota Financial Corporation 401(k) Plan reported net income rose from $13M in the plan year 2023 filing to $14M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 460402899 · First Dakota Financial Corporation PY 2024 · 401(k)

First Dakota Financial Corporation 401(k) Plan · $93M · 364 · 90th

  • NET $93M
  • NET 364
  • NET 90th
  • NET 401(k)
  • NET near Quantum Design International, Inc. Safe Harbor Match and Retirement Plan
  • NET ind #7209

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

First Dakota Financial Corporation 401(k) PlanFirst Dakota Financial Corpo…$93MQuantum Design International, Inc. Safe Harbor Match and Retirement PlanQuantum Design International…$93MRimini Street Inc. 401(k) Profit Sharing Plan and TrustRimini Street Inc. 401(k) Pr…$93M401(k) Plan for Non-Secretarial Staff of Patterson Belknap Webb & Tyler LLP401(k) Plan for Non-Secretar…$93MAnderson Holdings 401(k) Savings PlanAnderson Holdings 401(k) Sav…$93M
End-of-year total assets ($M) among First Dakota Financial Corporation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$79M
Net Assets (End of Year)$93M
Net Income$14M
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 02004006008001000 Total assets ($M) Participants First Dakota Financial Corporation 401(k) Plan, Total assets ($M): 93.17985 · Participants: 364First Dakota Financial Corporation 401(k) PlanBlack Hills Corporation 401(k) Retirement Savings Plan, Total assets ($M): 811.221285 · Participants: 2881Black Hills Corporation 401(k) Retirement Savings PlanGood Samaritan Society 401(k) Plan, Total assets ($M): 278.292791 · Participants: 12199Good Samaritan Society 401(k) PlanPoet 401(k) Plan, Total assets ($M): 265.689062 · Participants: 2380Poet 401(k) PlanDaktronics, Inc. 401(k) Plan, Total assets ($M): 262.560689 · Participants: 2369Daktronics, Inc. 401(k) PlanPremier 401(k) Plan, Total assets ($M): 240.594371 · Participants: 1821Premier 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 Quantum Design International, Inc. Safe Harbor Match and Retirement Plan in CA ($93M); by covered participants it is Pennsylvania Transformer Technology, Inc. 401(k) Retirement Plan in PA (364 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (364 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024? ▼
First Dakota Financial Corporation 401(k) Plan grew sharply - up 18.0% during 2024, from $79M to $93M. Reported net income was $14M.
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 123,622 plans that reported assets for plan year 2024 (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 Quantum Design International, Inc. Safe Harbor Match and Retirement Plan in CA ($93M, 271 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 Pennsylvania Transformer Technology, Inc. 401(k) Retirement Plan in PA (364 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.