Dacotah Banks, Inc.benefits

Dacotah Banks, Inc.'s benefits plans covered 601 active participants in 2025, providing long-term disability. Insurance premiums totaled $11,360,052. Insurance brokers and agents were paid $27,840 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.2% of premiums. That is $46 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay was essentially unchanged from 2024.