Dacotah Banks, Inc. 401(k) Plan: Login, Facts & Contact Information
Dacotah Banks, Inc. 401(k) Login
170 former Dacotah Banks, Inc. employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2024 filing.
Dacotah Banks, Inc. 401(k) Plan Facts
Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Aug 26, 2025. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2024
- $8.73 million went into the plan in contributions, $3.85 million of it from the employer (44%).
- $6.64 million was paid out to participants.
- Investment and other income added $14.7 million.
- Administrative expenses were $110,231, about $145 per account.
How the Dacotah Banks, Inc. 401(k) changed, 2019–2024
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2019 | 615 | $81.2 million | $2.63 million | $6.69 million |
| 2020 | 633 | $94.1 million | $2.90 million | $7.52 million |
| 2021 | 663 | $100.5 million | $2.98 million | $14.0 million |
| 2022 | 688 | $74.6 million | $3.19 million | $14.4 million |
| 2023 | 707 | $90.4 million | $3.59 million | $7.10 million |
| 2024 | 723 | $107.0 million | $3.85 million | $6.64 million |
Dacotah Banks, Inc. 401(k) Contact Information
Questions about the Dacotah Banks, Inc. 401(k)
Does Dacotah Banks, Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $3.85 million, 44% of all contributions.
Does the Dacotah Banks, Inc 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the Dacotah Banks, Inc 401(k) plan?
723 participants at the start of plan year 2024, 598 of them active employees, and 170 former employees who still had money in the plan.
What is the average 401(k) balance at Dacotah Banks, Inc?
About $140,796 per account: $107.0 million in plan assets across 760 accounts with a balance at the end of plan year 2024.
Who manages the Dacotah Banks, Inc 401(k) accounts?
Alerus (listed on the filing as ALERUS FINANCIAL, N.A.) is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Dacotah Banks, Inc. How do I access my 401(k)?
Your account stays with Alerus after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.