The First National Bank in Sioux Fallsbenefits
Minnehaha Banshares, Inc. Group Benefit Plan · SIOUX FALLS, SD · plan year 2025
The First National Bank in Sioux Falls's benefits plans covered 261 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $24,152 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $93 per covered person, below the median for employer plans that report broker pay. Broker pay fell 46% from $44,590 in 2024.
Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.
Why are you looking at this plan?
Source: DOL Form 5500 Schedule A, plan year 2025, EIN 460189380 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.