2023-11-15T04:23:18-06:00 2022-12-31 861065772 DELOITTE TAX LLP 111 S WACKER DRIVE 24TH FLOOR CHICAGO IL 606064301 990 2022-01-01 464332220 SOUTH DAKOTA BANKERS BENEFIT PLAN TRUST SOUT 6056602341 109 MISSOURI AVENUE PIERRE SD 57501 DAVID KING CHAIRMAN 6056602341 2023-11-15 1 DAVID KING 999009999 0 MARIAN J KLAUS P01274354 3124861000 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z DAVID KING 109 MISSOURI AVENUE PIERRE SD 57501 19894999 0 X N/A X 2014 SD THE PRIMARY PURPOSE OF THIS TAX-EXEMPT IRC SECTION 501(C)(9) VOLUNTARY EMPLOYEES' BENEFICIARY ASSOCIATION ("VEBA") IS TO PROVIDE FOR THE PAYMENT OF HEALTH BENEFITS TO ITS MEMBERS. 5 5 0 0 117268 116268 0 0 20116721 19777731 61530 117268 809095 0 20987346 19894999 0 0 18186775 18197290 0 0 0 0 0 1061836 1452888 19248611 19650178 1738735 244821 10846248 9798535 3514733 2267613 7331515 7530922 THE SDBBP TRUST WAS ESTABLISHED TO PROVIDE GROUP HEALTH INSURANCE COVERAGE TO SUBSTANTIALLY ALL EMPLOYEES OF PARTICIPATING EMPLOYERS. 0 0 19650178 19777731 THE SDBBP TRUST WAS ESTABLISHED TO PROVIDE GROUP HEALTH INSURANCE COVERAGE TO SUBSTANTIALLY ALL EMPLOYEES OF PARTICIPATING EMPLOYERS. 19650178 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 0 1 0 0 0 SD X ATTN MICHAEL FEIMER 6056602341 109 MISSOURI AVENUE PIERRE SD 57501 X DAVID KING CHAIRMAN 0.00 X 0 0 0 GEORGE KENZY DIRECTOR 0.00 X 0 0 0 DEAN DREESSEN CO-CHAIRMAN 0.00 X 0 0 0 MARK LAW SECRETARY 0.00 X 0 0 0 JOSEPH ANGLIN DIRECTOR 0.00 X 0 0 0 0 0 0 0 0 0 0 0 PREMIUM CONTRIBUTIONS 900001 19777731 19777731 19777731 117268 117268 19894999 19777731 117268 0 18197290 18197290 614332 614332 838556 838556 19650178 19650178 0 0 4861899 2840762 5981478 6954024 2871 3749 10846248 9798535 3514733 2267613 3514733 2267613 X 0 0 0 0 7331515 7530922 7331515 7530922 10846248 9798535 244821 -45414 0 X 0 1 X 1 0 0 CLAIM RESERVES 2082024 IBNR CLAIM RESERVE LIABILITY 185589 2267613 19940413 45414 45414 19894999 0 19894999 19650178 0 19650178 0 19650178 FORM 990, PART VI, SECTION A, LINE 6 THE BOARD OF DIRECTORS OF SOUTH DAKOTA BANKERS INSURANCE & SERVICES,INC. OR A MAJORITY OF THE PARTICIPATING EMPLOYERS MAY REMOVE AND ELECT ANY OR ALL OF THE TRUSTEES FROM THEIR OFFICE. ALL ACTIONS AND DECISIONS OF THE TRUSTEES SHALL BE DETERMINED BY A MAJORITY VOTE OF TRUSTEES AT ANY REGULAR OR SPECIAL MEETING OF THE TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7A SEE EXPLAINATION IN PART VI, SECTION A, LINE 6. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTE REVIEWS AND APPROVES THE AUDITED FINANCIAL STATEMENTS WHICH THEN ARE USED TO COMPLETE THE FORM 990. THE FORM 990 IS PROVIDED TO EACH BOARD MEMBER FOR COMMENTS PRIOR TO FILING OF THE FORM. THE REVIEW INCLUDES AN OVERVIEW OF THE FORM AND DISCUSSIONS RELATED TO KEY SECTIONS. FORM 990, PART VI, SECTION B, LINE 12C THE SOUTH DAKOTA BANKERS BENEFIT TRUST PLAN REQUIRES ANNUAL DISCLOSURE OF A CONFLICT OF INTEREST BY A TRUSTEE, DIRECTOR, OFFICER, KEY EMPLOYEE TO THE CHAIRMAN OF THE BOARD OF TRUSTEES AND CHIEF ADMINISTRATIVE OFFICER WHO ARE RESPONSIBLE FOR THE OVERSIGHT AND ENFORCEMENT OF THE POLICY. ALL DISCLOSURES ARE REVIEWED AND ANY CONCERNS ARE ADDRESSED IF CONFLICTS ARE IDENTIFIED, THE CHAIRMAN AND CHIEF ADMINISTRATIVE OFFICER WORK TO ENSURE THAT THE TRUSTEES,DIRECTORS, OFFICERS, OR KEY EMPLOYEES DO NOT PARTICIPATE IN DISCUSSIONS OR VOTE ON THE AFFECTED MATTER. FORM 990, PART VI, SECTION B, LINE 15 SOUTH DAKOTA BANKERS ASSOCIATION EXECUTIVE COMMITTEE, WHICH IS MADE UP OF BANKERS FROM EACH OF OUR BOARDS, DETERMINES THE COMPENSATION OF TOP MANAGEMENT OFFICIALS AND OFFICERS USING COMPARABLE DATA. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. SOUTH DAKOTA BANKERS ASSOCIATION 109 WEST MISSOURI AVENUE PIERRE SD 57501 460191650 PROMOTE BANKS SD 501(C)(6) N/A N/A 1 SOUTH DAKOTA BANKERS INSURANCE & SERVICES INC 109 WEST MISSOURI AVE PIERRE SD 57501 460422669 SALES-INS & MTG SD N/A C 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0