401(k) · DOL Form 5500 · 2024

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

Data updated 2026-08-11

$110M
Total assets
281
Participants
91st
Percentile by assets
$392,123
Avg per participant
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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

$110M in assets, 281 participants

The First National Bank in Sioux Falls's The First National Bank in Sioux Falls Employees Profit Sharing Plan reported $110M in total assets and 281 participants in its 2024 DOL Form 5500 filing, ranking in the 91st 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.

  • 91st percentile by assets (of 123,622 plans)
  • #7,362 in Finance & Insurance (8,549 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, $110M for 281 participants (~$392,123/participant), up 11.7% in 2024.

$110M
total plan assets (2024 EOY)
281
covered participants
91st
percentile by assets (of 123,622 plans)
$392,123
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The First National Bank in Sioux Falls Employees Profit Sharing Plan reported net income fell from $13M in the plan year 2023 filing to $12M in the plan year 2024 filing.
  • The First National Bank in Sioux Falls Employees Profit Sharing Plan end-of-year assets rose from $99M in the plan year 2023 filing to $110M in the plan year 2024 filing.
  • The First National Bank in Sioux Falls Employees Profit Sharing Plan reported participants rose from 272 in the plan year 2023 filing to 281 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
South Dakota
Industry
Finance & Insurance

The First National Bank in Sioux Falls Employees Profit Sharing Plan vs the 2024 asset distribution

By assets, The First National Bank in Sioux Falls Employees Profit Sharing Plan outranks 91% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.1x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$99M
Net Assets (End of Year)$110M
Net Income$12M
Employer EIN460189380
Plan Effective Date1949-01-01
Filing StatusFILING RECEIVED

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

$80M$90M$100M$110M$120M 202220232024 $85.4M $110M ▲ +29.1%
Total plan assets by year, all The First National Bank in Sioux Falls plans on file
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

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 02004006008001000 Total assets ($M) Participants The First National B…Black Hills Corporat…Good Samaritan Socie…Poet 401(k) PlanDaktronics, Inc. 401…Premier 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
Compare The First National Bank in Sioux Falls E… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to The First National Bank in Sioux Falls Employees Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did The First National Bank in Sioux Falls Employees Profit Sharing Plan assets move in 2024? ▼
The First National Bank in Sioux Falls Employees Profit Sharing Plan grew at a solid clip - up 11.7% during 2024, from $99M to $110M. Reported net income was $12M.
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 91st percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (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 Via Technologies, Inc. Retirement Savings Plan in CA ($110M, 56 participants).

Next read for The First National Bank in Sioux Falls E…

Scale reading

Ways to act on The First National Bank in Sioux Falls Employees Profit Sharing Plan's numbers.

  • By total assets, The First National Bank in Sioux Falls Employees Profit Sharing Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in South Dakota. Compare plans
  • The First National Bank in Sioux Falls's sponsor-wide assets have grown 29.1% since 2022 across 3 plan years on file. More Finance & Insurance plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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

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.