Plan Ledger DOL Form 5500 · updated monthly

Black Hills Corporationbenefits

Group Insurance Plan for the Employees of Black Hills Corporation · RAPID CITY, SD · plan year 2025

Broker compensation reported · 2025
$288,346

Black Hills Corporation's benefits plans covered 2,785 active participants in 2025, providing life · long-term disability · death benefits · other. Insurance premiums totaled $51,537,037. Insurance brokers and agents were paid $288,346 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.6% of premiums. That is $104 per covered person, below the median for employer plans that report broker pay. Broker pay rose 34% from $214,506 in 2024.

Insurance contracts · 20258
WELLMARK BLUE CROSS AND BLUE SHIELD OF SOUTH DAKOTA · health$50.6M · 2,716 covered
VISION SERVICE PLAN · vision$905K · 2,087 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 8,418 covered
UNUM INSURANCE COMPANYpremiums n/a · 493 covered
UNUM INSURANCE COMPANYpremiums n/a · 607 covered
DELTA DENTAL OF SOUTH DAKOTA · dentalpremiums n/a · 6,986 covered
DELTA DENTAL OF SOUTH DAKOTA · dentalpremiums n/a · 566 covered
Brokers & agents paid · 20252
NORTH RISK PARTNERS, LLC$283,913 · incl $87,462 fees
NORTH RISK PARTNERS LLC$4,433
Also brokered by North Risk Partners, LLC5

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 460458824 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.