South Dakota Bankers Benefit Plan — Form 5500 plan (The Trustees Of The South Dakota Bankers Benefit Plan)
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, South Dakota Bankers Benefit Plan is a benefit plan reported by The Trustees Of The South Dakota Bankers Benefit Plan under EIN 46-4332220 and plan number 501. The latest loaded filing year is 2023. The filing reports 3,792 participants and $13,140,277 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- The Trustees Of The South Dakota Bankers Benefit Plan
- EIN
- 46-4332220
- Plan number
- 501
- Plan type
- 3
- Location
- Pierre, SD
- Latest filing year
- 2023
- Participants
- 3,792
- End-of-year plan assets
- $13,140,277
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 3,792 | H, C | 20240806071856NAL0002191809001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $13,140,277
- Total liabilities (EOY)
- $3,714,162
- Net assets (EOY)
- $9,426,115
- Net assets (BOY)
- $7,530,922
Income & contributions
- Employer contributions
- $20,558,423
- Total contributions
- $20,558,423
- Total income / additions
- $21,425,588
Expenses & distributions
- Benefits paid
- $18,066,388
- Administrative expenses
- $1,464,007
- Total expenses
- $19,530,395
- Net increase / (decrease)
- $1,895,193
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Wellmark Bcbs Of South Dakota | NONE | $835,629 | not reported in the loaded dataset | 2023 |
| Deloitte & Touche Llp | NONE | $73,653 | not reported in the loaded dataset | 2023 |
| Bral Niedert Private Wealth Advisor | NONE | $18,541 | not reported in the loaded dataset | 2023 |
| May Adam | NONE | $9,668 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for The Trustees Of The South Dakota Bankers Benefit Plan
- 2023 Form 5500 filing
- Form 5500 filings in SD
- 401(k) and benefit plan filings in Pierre, SD
- Wellmark Bcbs Of South Dakota — Schedule C compensation
- Deloitte & Touche Llp — Schedule C compensation
- Bral Niedert Private Wealth Advisor — Schedule C compensation
- May Adam — Schedule C compensation