401(k) · DOL Form 5500 · 2022

The First National Bank in Sioux Falls 401(k) Plan

Data updated 2026-08-25

$85M
Total assets Below avg plan size
262
Participants Below avg headcount
92nd
Percentile by assets National rank
$325,877
Avg per participant High balance/head
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Official DOL plan name: The First National Bank in Sioux Falls Employees Profit Sharing Plan · Sponsored by The First National Bank in Sioux Falls · South Dakota · Finance & Insurance

$85M in assets, 262 participants

The First National Bank in Sioux Falls's The First National Bank in Sioux Falls Employees Profit Sharing Plan reported $85M in total assets and 262 participants in its 2022 DOL Form 5500 filing, ranking in the 92nd 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.

  • #8,052 in Finance & Insurance (9,261 peers)

Where The First National Bank in Sioux Falls Employees Profit Sharing Plan sits by assets

The First National Bank in Sioux Falls Employees Profit Sharing Plan sits in the top 10% of all filed plans by assets, $85M for 262 participants (~$325,877/participant), down 14.7% in 2022.

#8,052
in Finance & Insurance (9,261 peers)
-14.7%
assets change YoY
0.9×
vs typical plan assets (national mean)

The plan reported a net loss of $15M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The First National Bank in Sioux Falls Employees Profit Sharing Plan's outsized position by total assets

The First National Bank in Sioux Falls Employees Profit Sharing Plan vs every filed plan by assets

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

$85,379,759 Top 8% higher than 92% 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

The First National Bank in Sioux Falls Employees Profit Sharing 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. The First National Bank in Sioux Falls Employees Profit Sharing Plan sits mid-pack in the medium band (262 participants).

EBSA filing schedule strip

Filing strip 460189380 · The First National Bank in Sioux Falls PY 2022 · 401(k)

The First National Bank in Sioux Falls Employees Profit Sharing Plan · $85M · 262 · 92nd

  • VS-ST $85M
  • VS-ST 262
  • VS-ST 92nd
  • VS-ST 401(k)
  • VS-ST near Indium Corporation of America Employees' Profit Sharing and 401(k) Plan
  • VS-ST ind #8052

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 →

The First National Bank in Sioux Falls Employees Profit Sharing Plan in the asset neighbourhood

The First National Bank in Sioux Falls Employees Profit Sharing PlanThe First National Bank in S…$85MIndium Corporation of America Employees' Profit Sharing and 401(k) PlanIndium Corporation of Americ…$85MKent US 401(k) Retirement Savings PlanKent US 401(k) Retirement Sa…$85MCives Corporation Savings and Retirement PlanCives Corporation Savings an…$85MT. W. U. - S. T. S. 401(k) Retirement PlanT. W. U. - S. T. S. 401(k) R…$85M
End-of-year total assets ($M) among The First National Bank in Sioux Falls Employees Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$100M
Net Assets (End of Year)$85M
Net Income-$15M
Employer EIN460189380
Plan Effective Date1949-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The First National Bank in Sioux Falls)

Sponsor-wide plan assets over time

All The First National Bank in Sioux Falls plans reported in each filing year

Latest sponsor-wide plan assets
$110M 29.05476577885398% vs 2022
2024 filing year
$80M$90M$100M$110M$120M 202220232024 $85.4M $110M ▲ +29.1%
Year Plans Participants Total Assets
2022 1 262 $85M
2023 1 272 $99M
2024 1 281 $110M

Nearby 401(k) Plans in South Dakota

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

The First National Bank in Sioux Falls Employees Profit Sharing Plan vs. nearby 401(k) plans in South Dakota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 0200400600800 Total assets ($M) Participants The First National Bank in Sioux Falls Employees Profit Sharing Plan, Total assets ($M): 85.379759 · Participants: 262The First National Bank in Sioux Falls Employees Profit Sharing 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
The First National Bank in Sioux Falls Employees Profit Sharing Plan vs. nearby 401(k) plans in South Dakota, assets vs. participants

The First National Bank in Sioux Falls Employees Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside South Dakota, the nearest 401(k) by assets is Indium Corporation of America Employees' Profit Sharing and 401(k) Plan in NY ($85M); by covered participants it is Cumberland Truck Equipment Co. Salary Deferral Plan in PA (262 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (262 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 The First National Bank in Sioux Falls Employees Profit Sharing Plan assets move in 2022?
The First National Bank in Sioux Falls Employees Profit Sharing Plan pulled back noticeably - down 14.7% during 2022, from $100M to $85M. Reported net income was -$15M.
How have The First National Bank in Sioux Falls plan assets changed over time?
Across 3 plan years on file (2022-2024), The First National Bank in Sioux Falls's sponsor-wide assets grew 29.1%, from $85M to $110M.
Where does The First National Bank in Sioux Falls Employees Profit Sharing Plan rank by assets among Form 5500 filers?
The First National Bank in Sioux Falls Employees Profit Sharing Plan ranks in the 92nd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to The First National Bank in Sioux Falls Employees Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Indium Corporation of America Employees' Profit Sharing and 401(k) Plan in NY ($85M, 936 participants).
Which 401(k) plans cover a similar participant headcount to The First National Bank in Sioux Falls Employees Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Cumberland Truck Equipment Co. Salary Deferral Plan in PA (262 participants, N/A in assets).