401(k) · DOL Form 5500 · 2022

Black Hills Corporation 401(k) Plan

Data updated 2026-08-25

$615M
Total assets Above avg plan size
2,873
Participants Above avg headcount
98th
Percentile by assets National rank
$214,153
Avg per participant Above avg balance/head
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Official DOL plan name: Black Hills Corporation 401(k) Retirement Savings Plan · Sponsored by Black Hills Corporation · South Dakota · Utilities

$615M in assets, 2,873 participants

Black Hills Corporation's Black Hills Corporation 401(k) Retirement Savings Plan reported $615M in total assets and 2,873 participants in its 2022 DOL Form 5500 filing, ranking in the 98th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #631 in Utilities (738 peers)

Coverage in South Dakota

Black Hills Corporation 401(k) Retirement Savings Plan covers 2,873 participants in South Dakota, 8.5x the typical South Dakota plan (state average ~340 per filing). Assets: $615M.

#631
in Utilities (738 peers)
-15.1%
assets change YoY
6.2×
vs typical plan assets (national mean)

The plan reported a net loss of $110M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Black Hills Corporation 401(k) Retirement Savings Plan's outsized position by total assets

Black Hills Corporation 401(k) Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$615,260,397 Top 2% higher than 98% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Black Hills Corporation 401(k) Retirement Savings Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Black Hills Corporation 401(k) Retirement Savings Plan lands in the large band (2,873 participants).

Published 5500 schedule card

Filing strip 460458824 · Black Hills Corporation PY 2022 · 401(k)

Black Hills Corporation 401(k) Retirement Savings Plan · $615M · 2,873 · 98th

  • ASSETS $615M
  • ASSETS 2,873
  • ASSETS 98th
  • ASSETS 401(k)
  • ASSETS near Uhhs 401(k) Retirement Savings Plan
  • ASSETS ind #631

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Utilities retirement plans → · Plans in South Dakota →

Black Hills Corporation 401(k) Retirement Savings Plan in the asset neighbourhood

Bose Employees' Retirement Savings 401(k) PlanBose Employees' Retirement S…$615MBlack Hills Corporation 401(k) Retirement Savings PlanBlack Hills Corporation 401(…$615MUhhs 401(k) Retirement Savings PlanUhhs 401(k) Retirement Savin…$615MDematic Corp. 401(k) Retirement PlanDematic Corp. 401(k) Retirem…$615MRich's 401(k) Plan$614M
End-of-year total assets ($M) among Black Hills Corporation 401(k) Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

South Dakota filing particulars

Total Assets (Beginning of Year)$725M
Net Assets (End of Year)$615M
Net Income-$110M
Employer EIN460458824
Plan Effective Date1982-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Black Hills Corporation)

Sponsor-wide plan assets over time

All Black Hills Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$1.1B 15.443879787902763% vs 2022
2024 filing year
$0.9B$0.95B$1B$1.05B$1.1B 202220232024 $0.94B $1.08B ▲ +14.9%
Year Plans Participants Total Assets
2022 2 3,730 $938M
2023 2 3,748 $1.0B
2024 2 3,573 $1.1B

Nearby 401(k) Plans in South Dakota

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Black Hills Corporation 401(k) Retirement Savings Plan vs. nearby 401(k) plans in South Dakota, assets vs. participants Scatter plot of 6 data points. 050001000015000 0200400600800 Total assets ($M) Participants Black Hills Corporation 401(k) Retirement Savings Plan, Total assets ($M): 615.260397 · Participants: 2873Black Hills Corporation 401(k) Retirement Savings PlanGood Samaritan Society 401(k) Plan, Total assets ($M): 212.264423 · Participants: 13988Good Samaritan Society 401(k) PlanDaktronics, Inc. 401(k) Plan, Total assets ($M): 189.289255 · Participants: 2033Daktronics, Inc. 401(k) PlanPremier 401(k) Plan, Total assets ($M): 183.910332 · Participants: 1883Premier 401(k) PlanPoet Biorefining 401(k) Plan, Total assets ($M): 171.826935 · Participants: 2022Poet Biorefining 401(k) PlanAmesbury Group, Inc. Retirement Savings Plan, Total assets ($M): 115.781352 · Participants: 1284Amesbury Group, Inc. Retirement Savings Plan
Black Hills Corporation 401(k) Retirement Savings Plan vs. nearby 401(k) plans in South Dakota, assets vs. participants
Compare Black Hills Corporation 401(k) Retirement Savings Plan side-by-side with 3 peers →

Black Hills Corporation 401(k) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside South Dakota, the nearest 401(k) by assets is Uhhs 401(k) Retirement Savings Plan in OH ($615M); by covered participants it is Bergelectric Corp Employees Pension & 401(k) Plan in CA (2,874 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($615M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,873 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Black Hills Corporation 401(k) Retirement Savings Plan assets move in 2022? ▼
Black Hills Corporation 401(k) Retirement Savings Plan declined sharply - down 15.1% during 2022, from $725M to $615M. Reported net income was -$110M.
How have Black Hills Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Black Hills Corporation's sponsor-wide assets grew 15.4%, from $938M to $1.1B.
Where does Black Hills Corporation 401(k) Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Black Hills Corporation 401(k) Retirement Savings Plan ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Black Hills Corporation 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Uhhs 401(k) Retirement Savings Plan in OH ($615M, 4,234 participants).
Which 401(k) plans cover a similar participant headcount to Black Hills Corporation 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Bergelectric Corp Employees Pension & 401(k) Plan in CA (2,874 participants, $124M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 460458824.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.