401(k)
2023 plan-year 401(k) DOL Form 5500

THE FIRST NATIONAL BANK IN SIOUX FALLS EMPLOYEES PROFIT SHARING PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

THE FIRST NATIONAL BANK IN SIOUX FALLS

This 401(k) plan holds $99M in total assets and serves 272 participants as of 2023. It is sponsored by THE FIRST NATIONAL BANK IN SIOUX FALLS in South Dakota. The plan reported positive net income of $13M for the year.

Total Assets (2023)
$99M
Participants
272
State
Industry
Finance & Insurance

What the Filing Says About THE FIRST NATIONAL BANK IN SIOUX FALLS EMPLOYEES PROFIT SHARING PLAN

THE FIRST NATIONAL BANK IN SIOUX FALLS EMPLOYEES PROFIT SHARING PLAN is a 401(k) retirement plan sponsored by THE FIRST NATIONAL BANK IN SIOUX FALLS, headquartered in South Dakota. As of the 2023 Form 5500 filing, the plan reports $99M in total end-of-year assets and covers 272 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 460189380, and the plan has been effective since 1949-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $85M at the beginning of 2023 to $99M at year-end — a gain of 15.5%. Net assets (after liabilities) closed the year at $99M, with reported net income of $13M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$85M
Total Assets (End of Year)$99M
Net Assets (End of Year)$99M
Net Income$13M
Plan Type401(k)
Employer EIN460189380
Plan Effective Date1949-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (THE FIRST NATIONAL BANK IN SIOUX FALLS)

Year Plans Participants Total Assets
2022 1 262 $85M
2023 1 272 $99M
2024 1 281 $110M

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Frequently Asked Questions

How much money is in the THE FIRST NATIONAL BANK IN SIOUX FALLS EMPLOYEES PROFIT SHARING PLAN?
As of the 2023 Form 5500 filing, THE FIRST NATIONAL BANK IN SIOUX FALLS EMPLOYEES PROFIT SHARING PLAN holds $99M in total assets with 272 participants. It is sponsored by THE FIRST NATIONAL BANK IN SIOUX FALLS.
What type of plan is THE FIRST NATIONAL BANK IN SIOUX FALLS EMPLOYEES PROFIT SHARING PLAN?
THE FIRST NATIONAL BANK IN SIOUX FALLS EMPLOYEES PROFIT SHARING PLAN is a 401(k) plan. It has been effective since 1949-01-01. The plan is filed with the U.S. Department of Labor under EIN 460189380.
Who sponsors the THE FIRST NATIONAL BANK IN SIOUX FALLS EMPLOYEES PROFIT SHARING PLAN?
THE FIRST NATIONAL BANK IN SIOUX FALLS EMPLOYEES PROFIT SHARING PLAN is sponsored by THE FIRST NATIONAL BANK IN SIOUX FALLS, located in South Dakota. The sponsor's EIN is 460189380 and the plan operates in the Finance & Insurance industry.
How did THE FIRST NATIONAL BANK IN SIOUX FALLS EMPLOYEES PROFIT SHARING PLAN perform in 2023?
THE FIRST NATIONAL BANK IN SIOUX FALLS EMPLOYEES PROFIT SHARING PLAN grew by 15.5% during 2023, moving from $85M to $99M in total assets. Net income was $13M.
Where can I find official filings for THE FIRST NATIONAL BANK IN SIOUX FALLS EMPLOYEES PROFIT SHARING PLAN?
Official Form 5500 filings for THE FIRST NATIONAL BANK IN SIOUX FALLS EMPLOYEES PROFIT SHARING PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 460189380 or plan name at efast.dol.gov.
How does THE FIRST NATIONAL BANK IN SIOUX FALLS EMPLOYEES PROFIT SHARING PLAN compare to other plans?
You can compare THE FIRST NATIONAL BANK IN SIOUX FALLS EMPLOYEES PROFIT SHARING PLAN against other 401(k) plans on the plan type page, or view plans in South Dakota on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 460189380.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.