2023 Form 5500 filing — South Dakota Bankers Benefit Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240806071856NAL0002191809001) for South Dakota Bankers Benefit Plan, reported by The Trustees Of The South Dakota Bankers Benefit Plan under EIN 46-4332220 and plan number 501. It reports 3,792 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240806071856NAL0002191809001
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- The Trustees Of The South Dakota Bankers Benefit Plan
- EIN
- 46-4332220
- Plan number
- 501
- Location
- Pierre, SD
- Participants
- 3,792
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $13,140,277
- Total liabilities (EOY)
- $3,714,162
- Net assets (EOY)
- $9,426,115
- Employer contributions
- $20,558,423
- Total income / additions
- $21,425,588
- Benefits paid
- $18,066,388
- Administrative expenses
- $1,464,007
- Total expenses
- $19,530,395
- Net increase / (decrease)
- $1,895,193
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Wellmark Bcbs Of South Dakota | NONE | $835,629 | not reported in the loaded dataset |
| Deloitte & Touche Llp | NONE | $73,653 | not reported in the loaded dataset |
| Bral Niedert Private Wealth Advisor | NONE | $18,541 | not reported in the loaded dataset |
| May Adam | NONE | $9,668 | not reported in the loaded dataset |