Retirement plan

THE FIRST NATIONAL BANK IN SIOUX FALLS EMPLOYEES PROFIT SHARING PLAN

Name: THE FIRST NATIONAL BANK IN SIOUX FALLS - THE FIRST NATIONAL BANK IN SIOUX FALLS EMPLOYEES PROFIT SHARING PLAN (2021) Form 5500
Creator: THE FIRST NATIONAL BANK IN SIOUX FALLS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE FIRST NATIONAL BANK IN SIOUX FALLS EMPLOYEES PROFIT SHARING PLAN, THE FIRST NATIONAL BANK IN SIOUX FALLS

THE FIRST NATIONAL BANK IN SIOUX FALLSEIN 46-0189380Plan #001PY 2021

100 SOUTH PHILLIPS AVENUE - SIOUX FALLS, SD 57104605-335-5200fnbsf.comLinkedIn201-500 employeesfinancial services

Prospect flagsHigh assets / participant

Top hat statement on fileNQDC

Filed June 4, 2026 (most recent of 6 filings on file)

Plan administrator

Plan administrator name— Sign in and upgrade to view

100 South Phillips Avenue

Sioux Falls, SD 57104

Email— Sign in and upgrade to view Phone— Sign in and upgrade to view

Plans declared (1)

Minnehaha Banshares, Inc. 2026 Restricted Stock Award Agreement1 emp

Open the filing PDF

How to read this page

Total assets (EOY)

$100.1M

+14.1% from 2020

Total participants

374

-0.5% from 2020

Average account balance

$271,255

+14.1% from 2020

Annual return

15.63%

+1.56 pp from 2020

Benchmarks

See 1,509 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants250-999

Cohort1,509 peers

Snapshot2021

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$110.19M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$264K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

418

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

98.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.59M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+15.42%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$25

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 2 by compensation

Provider	Service type	Compensation
BMO HARRIS BANK NA7+ years Filed as: BMO HARRIS BANK, N.A. Service code 19 · EIN 36-2085229	Securities Custodian	$0
MATRIX TRUST COMPANY1 year Service code 19 · EIN 75-3182674	Securities Custodian	$0

Plan features & details

Pension benefit codes2E2F2G2J2S2T3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$3K

$10 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.003%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: RSM US LLP
Auditor EIN: 420714325
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$271,255

$111,491+143.3%

$189,520+43.1%

$86,813+212.5%

Participation rate

98.1%

87.3%+10.8pp

87.8%+10.3pp

72.3%+25.8pp

Annual return

15.63%

83.50%-67.9pp

555.25%-539.6pp

97.93%-82.3pp

Employer contribution / active EE

$9,747

$3,951+146.7%

$6,161+58.2%

$2,406+305.1%

Participant deferral / active EE

$5,545

$6,437-13.8%

$8,220-32.5%

$4,131+34.2%

Admin fee / account holder

$189-96.4%

$12,046-99.9%

$170-96.0%

Provider

Service type

Compensation

BMO HARRIS BANK NA7+ years

Filed as: BMO HARRIS BANK, N.A.

Service code 19 · EIN 36-2085229

Securities Custodian

MATRIX TRUST COMPANY1 year

Service code 19 · EIN 75-3182674

Securities Custodian

THE FIRST NATIONAL BANK IN SIOUX FALLS EMPLOYEES PROFIT SHARING PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE FIRST NATIONAL BANK IN SIOUX FALLS EMPLOYEES PROFIT SHARING PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion