401(k) · DOL Form 5500 · 2023

Black Hills Federal Credit Union 401(k) Plan

Data updated 2026-08-25

$56M
Total assets Below avg plan size
365
Participants Below avg headcount
87th
Percentile by assets National rank
$154,270
Avg per participant Above avg balance/head
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Official DOL plan name: Black Hills Federal Credit Union 401(k) Plan · Sponsored by Black Hills Federal Credit Union · South Dakota · Finance & Insurance

$56M in assets, 365 participants

Black Hills Federal Credit Union's Black Hills Federal Credit Union 401(k) Plan reported $56M in total assets and 365 participants in its 2023 DOL Form 5500 filing, ranking in the 87th 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.

  • #7,058 in Finance & Insurance (8,869 peers)

Where Black Hills Federal Credit Union 401(k) Plan sits by assets

Black Hills Federal Credit Union 401(k) Plan sits in the top quartile of all filed plans by assets, $56M for 365 participants (~$154,270/participant), up 16.3% in 2023.

#7,058
in Finance & Insurance (8,869 peers)
+16.3%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Black Hills Federal Credit Union 401(k) Plan's outsized position by total assets

Black Hills Federal Credit Union 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$56,308,433 Top 13% higher than 87% of 127,068 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 2023

Black Hills Federal Credit Union 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Black Hills Federal Credit Union 401(k) Plan sits mid-pack in the medium band (365 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Black Hills Federal Credit Union 401(k) Plan reported net income rose from -$11M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Black Hills Federal Credit Union 401(k) Plan end-of-year assets rose from $48M in the plan year 2022 filing to $56M in the plan year 2023 filing.
  • Black Hills Federal Credit Union 401(k) Plan reported participants rose from 339 in the plan year 2022 filing to 365 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 460235529 · Black Hills Federal Credit Union PY 2023 · 401(k)

Black Hills Federal Credit Union 401(k) Plan · $56M · 365 · 87th

  • EOY $56M
  • 5500 365
  • ASSETS 87th
  • PCT 401(k)
  • EIN near Tradebe Environmental Services 401(k) Plan
  • RANK ind #7058

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 →

Black Hills Federal Credit Union 401(k) Plan in the asset neighbourhood

Harbor Foods Group Inc. 401(k) PlanHarbor Foods Group Inc. 401(…$56MBlack Hills Federal Credit Union 401(k) PlanBlack Hills Federal Credit U…$56MTradebe Environmental Services 401(k) PlanTradebe Environmental Servic…$56MColumbia Corrugated Box Company, Inc. 401(k) and Profit Sharing PlanColumbia Corrugated Box Comp…$56MHarding Loevner Profit Sharing Thrift PlanHarding Loevner Profit Shari…$56M
End-of-year total assets ($M) among Black Hills Federal Credit Union 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$48M
Net Assets (End of Year)$56M
Net Income$8M
Employer EIN460235529
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Black Hills Federal Credit Union)

Sponsor-wide plan assets over time

All Black Hills Federal Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$60M 24.452635825367796% vs 2022
2024 filing year
$45M$50M$55M$60M$65M 202220232024 $48.4M $60.3M ▲ +24.5%
Year Plans Participants Total Assets
2022 1 339 $48M
2023 1 365 $56M
2024 1 418 $60M

Nearby 401(k) Plans in South Dakota

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

Black Hills Federal Credit Union 401(k) Plan vs. nearby 401(k) plans in South Dakota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 0200400600800 Total assets ($M) Participants Black Hills Federal Credit Union 401(k) Plan, Total assets ($M): 56.308433 · Participants: 365Black Hills Federal Credit Union 401(k) PlanBlack Hills Corporation 401(k) Retirement Savings Plan, Total assets ($M): 726.965765 · Participants: 2972Black Hills Corporation 401(k) Retirement Savings PlanGood Samaritan Society 401(k) Plan, Total assets ($M): 254.213431 · Participants: 12894Good Samaritan Society 401(k) PlanDaktronics, Inc. 401(k) Plan, Total assets ($M): 235.476974 · Participants: 2254Daktronics, Inc. 401(k) PlanPoet 401(k) Plan, Total assets ($M): 219.059384 · Participants: 2254Poet 401(k) PlanPremier 401(k) Plan, Total assets ($M): 215.996195 · Participants: 1913Premier 401(k) Plan
Black Hills Federal Credit Union 401(k) Plan vs. nearby 401(k) plans in South Dakota, assets vs. participants
Compare Black Hills Federal Credit Union 401(k) Plan side-by-side with 3 peers →

Black Hills Federal Credit Union 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside South Dakota, the nearest 401(k) by assets is Tradebe Environmental Services 401(k) Plan in IN ($56M); by covered participants it is Allfirst, LLC 401(k) Plan in OK (365 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (365 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Black Hills Federal Credit Union 401(k) Plan assets move in 2023? ▼
Black Hills Federal Credit Union 401(k) Plan grew sharply - up 16.3% during 2023, from $48M to $56M. Reported net income was $8M.
How have Black Hills Federal Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Black Hills Federal Credit Union's sponsor-wide assets grew 24.5%, from $48M to $60M.
Where does Black Hills Federal Credit Union 401(k) Plan rank by assets among Form 5500 filers? ▼
Black Hills Federal Credit Union 401(k) Plan ranks in the 87th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Black Hills Federal Credit Union 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Tradebe Environmental Services 401(k) Plan in IN ($56M, 822 participants).
Which 401(k) plans cover a similar participant headcount to Black Hills Federal Credit Union 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Allfirst, LLC 401(k) Plan in OK (365 participants, N/A in assets).

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 460235529.

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.