Defined Benefit (Pension)
2023 plan-year Defined Benefit (Pension) DOL Form 5500

BLACK HILLS RETIREMENT PLAN

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

BLACK HILLS CORPORATION

This Defined Benefit (Pension) plan holds $311M in total assets and serves 776 participants as of 2023. It is sponsored by BLACK HILLS CORPORATION in South Dakota. The plan reported a net loss of $12M for the year.

Total Assets (2023)
$311M
Participants
776
State
Industry
Utilities

What the Filing Says About BLACK HILLS RETIREMENT PLAN

BLACK HILLS RETIREMENT PLAN is a Defined Benefit (Pension) retirement plan sponsored by BLACK HILLS CORPORATION, headquartered in South Dakota. As of the 2023 Form 5500 filing, the plan reports $311M in total end-of-year assets and covers 776 participants across the Utilities industry. The sponsor's EIN on file with the U.S. Department of Labor is 460458824, and the plan has been effective since 2008-07-14. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $323M at the beginning of 2023 to $311M at year-end — a decline of 3.8%. Net assets (after liabilities) closed the year at $311M, with reported net income of $-12,295,656 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)$323M
Total Assets (End of Year)$311M
Net Assets (End of Year)$311M
Net Income$-12,295,656
Plan TypeDefined Benefit (Pension)
Employer EIN460458824
Plan Effective Date2008-07-14
Filing StatusFILING RECEIVED

Sponsor Plan History (BLACK HILLS CORPORATION)

Year Plans Participants Total Assets
2022 2 3,730 $938M
2023 2 3,748 $1.0B
2024 2 3,573 $1.1B

Nearby Defined Benefit (Pension) Plans in South Dakota

Peer Defined Benefit (Pension) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the BLACK HILLS RETIREMENT PLAN?
As of the 2023 Form 5500 filing, BLACK HILLS RETIREMENT PLAN holds $311M in total assets with 776 participants. It is sponsored by BLACK HILLS CORPORATION.
What type of plan is BLACK HILLS RETIREMENT PLAN?
BLACK HILLS RETIREMENT PLAN is a Defined Benefit (Pension) plan. It has been effective since 2008-07-14. The plan is filed with the U.S. Department of Labor under EIN 460458824.
Who sponsors the BLACK HILLS RETIREMENT PLAN?
BLACK HILLS RETIREMENT PLAN is sponsored by BLACK HILLS CORPORATION, located in South Dakota. The sponsor's EIN is 460458824 and the plan operates in the Utilities industry.
How did BLACK HILLS RETIREMENT PLAN perform in 2023?
BLACK HILLS RETIREMENT PLAN declined by 3.8% during 2023, moving from $323M to $311M in total assets. Net income was $-12,295,656.
Where can I find official filings for BLACK HILLS RETIREMENT PLAN?
Official Form 5500 filings for BLACK HILLS RETIREMENT PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 460458824 or plan name at efast.dol.gov.
How does BLACK HILLS RETIREMENT PLAN compare to other plans?
You can compare BLACK HILLS RETIREMENT PLAN against other Defined Benefit (Pension) 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 460458824.

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.