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Sponsor portfolioWelfare / HealthEIN 46-0177475
BANKWEST, INC.
P.O. BOX 998 · PIERRE, SD 57501
6052247391
- Plans filed
- 2
- Years active
- 2015–2025
- Industry
- NAICS 52
- Latest filing
- 2025
Total premiums (latest)
$4.2M
No prior year
Persons covered
354
No prior year
Total participants
385
No prior year
Plans filed
2
No prior year
Plans under this sponsor
2 plans
Coverage overview
Aggregate, latest year
| Benefit type | Premium | Share | Distribution |
|---|---|---|---|
| Health | $3.9M | 47.8% | |
| Stop-loss | $3.9M | 47.8% | |
| Life | $166K | 2.0% | |
| Other | $117K | 1.4% | |
| Vision | $44K | 0.5% | |
| Long-term disability | $37K | 0.4% |
Carrier overview
4 carriers · all plans
| Carrier | Coverage | Total premium | Share | Plans | Contracts | Covered |
|---|---|---|---|---|---|---|
EIN 421459204 | HSL | $3.9M | 93.9% | 1 | 1 | 304 |
EIN 570523959 | LOth | $166K | 4.0% | 1 | 2 | 354 |
EIN 360883760 | HLTDSL | $44K | 1.1% | 1 | 2 | 307 |
EIN 460411351 | V | $44K | 1.1% | 1 | 1 | 341 |
Broker overview
5 brokers · all plans
| Broker | Loc | Carriers | Commissions | Fees | Total comp | Share | Plans |
|---|---|---|---|---|---|---|---|
| ACRIPOINT LLC | PIERRE, SD | WELLMARK BLUE CROSS AND BLUE SHIELD OF SOUTH DAKOTA | $32K | $229K | $261K | 83.9% | 1 |
| DAKOTACARE ADMINISTRATIVE SERVICES | SIOUX FALLS, SD | COMPANION LIFE | $40K | $0 | $40K | 12.8% | 1 |
| BANKWEST INC DBA BANKWEST INSURANCE | PIERRE, SD | RELIANCE STANDARD | $4K | $0 | $4K | 1.2% | 1 |
| AZIZ ELMAMOUNI | SIOUX FALLS, SD | OPTILEGRA, INC | $3K | $0 | $3K | 1.1% | 1 |
| SUMMIT REINSURANCE SERVICES INC | FORT WAYNE, IN | COMPANION LIFE | $3K | $0 | $3K | 1.1% | 1 |
History & trajectory
11 years · all plans
Total premiums
Summed across all plans for this sponsor.
Persons covered
EOY headcount summed across all plans.
Carrier mix
Premium by top carriers, summed across plans.
Broker compensation
Comp by top brokers, summed across plans.
Policy details
Latest year, by plan