401(k) · DOL Form 5500 · 2022

Security First Bank 401(k) Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
283
Participants Below avg headcount
79th
Percentile by assets National rank
$79,860
Avg per participant Below avg balance/head
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Official DOL plan name: Security First Bank 401(k) Plan · Sponsored by Security First Bank · South Dakota · Finance & Insurance

$23M in assets, 283 participants

Security First Bank's Security First Bank 401(k) Plan reported $23M in total assets and 283 participants in its 2022 DOL Form 5500 filing, ranking in the 79th 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.

  • #6,146 in Finance & Insurance (9,261 peers)

Where Security First Bank 401(k) Plan sits by assets

Security First Bank 401(k) Plan sits in the top quartile of all filed plans by assets, $23M for 283 participants (~$79,860/participant), down 16.7% in 2022.

#6,146
in Finance & Insurance (9,261 peers)
-16.7%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Security First Bank 401(k) Plan's outsized position by total assets

Security First Bank 401(k) Plan vs every filed plan by assets

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

$22,600,412 Top 21% higher than 79% 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

Security First Bank 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Security First Bank 401(k) Plan sits mid-pack in the medium band (283 participants).

Published 5500 schedule card

Filing strip 470299375 · Security First Bank PY 2022 · 401(k)

Security First Bank 401(k) Plan · $23M · 283 · 79th

  • EIN $23M
  • RANK 283
  • PHOTO 79th
  • IND 401(k)
  • EOY near World's Finest Chocolate, Inc. Employees' Plan
  • 5500 ind #6146

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 Finance & Insurance retirement plans → · Plans in South Dakota →

Security First Bank 401(k) Plan in the asset neighbourhood

Security First Bank 401(k) PlanSecurity First Bank 401(k) P…$23MWorld's Finest Chocolate, Inc. Employees' PlanWorld's Finest Chocolate, In…$23MFranciscan Children's 401(k) PlanFranciscan Children's 401(k)…$23MFred Finch Youth Center 401(k)Fred Finch Youth Center 401(…$23MCenters for Dialysis Care, Inc. Retirement Savings PlanCenters for Dialysis Care, I…$23M
End-of-year total assets ($M) among Security First Bank 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$23M
Net Income-$5M
Employer EIN470299375
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Security First Bank)

Sponsor-wide plan assets over time

All Security First Bank plans reported in each filing year

Latest sponsor-wide plan assets
$30M 31.414701643492165% vs 2022
2024 filing year
$20M$25M$30M$35M 202220232024 $22.6M $29.7M ▲ +31.4%
Year Plans Participants Total Assets
2022 1 283 $23M
2023 1 279 $26M
2024 1 270 $30M

Nearby 401(k) Plans in South Dakota

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

Security First Bank 401(k) Plan vs. nearby 401(k) plans in South Dakota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -2000200400600800 Total assets ($M) Participants Security First Bank 401(k) Plan, Total assets ($M): 22.600412 · Participants: 283Security First Bank 401(k) PlanBlack 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) Plan
Security First Bank 401(k) Plan vs. nearby 401(k) plans in South Dakota, assets vs. participants
Compare Security First Bank 401(k) Plan side-by-side with 3 peers →

Security First Bank 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside South Dakota, the nearest 401(k) by assets is World's Finest Chocolate, Inc. Employees' Plan in IL ($23M); by covered participants it is Jerritt Canyon Gold LLC 401(k) Plan in NV (283 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (283 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 Security First Bank 401(k) Plan assets move in 2022? ▼
Security First Bank 401(k) Plan declined sharply - down 16.7% during 2022, from $27M to $23M. Reported net income was -$5M.
How have Security First Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Security First Bank's sponsor-wide assets grew 31.4%, from $23M to $30M.
Where does Security First Bank 401(k) Plan rank by assets among Form 5500 filers? ▼
Security First Bank 401(k) Plan ranks in the 79th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Security First Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is World's Finest Chocolate, Inc. Employees' Plan in IL ($23M, 226 participants).
Which 401(k) plans cover a similar participant headcount to Security First Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Jerritt Canyon Gold LLC 401(k) Plan in NV (283 participants, $3M 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 470299375.

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.