Form 5500 · Employee benefit plan · SIOUX FALLS, SD
RISK ADMINISTRATION SERVICES, INC.
RISK ADMINISTRATION SERVICES, INC. of SIOUX FALLS, SD files a Form 5500 with the U.S. Department of Labor disclosing its employee benefit plan. Its broker of record is HOWALT MCDOWELL INS, A MARSH &. Coverage is written through WELLMARK OF SOUTH DAKOTA, INC. and 5 other carriers. The plan's most recent policy period ended in December.
Sourced from U.S. DOL EFAST2 Form 5500 · EIN 46-0407236 · plan 501 · as of Aug 2026
Plan brief
Schedule A lists 8 insured contracts covering health, dental, vision, life and disability; the largest, with WELLMARK OF SOUTH DAKOTA, INC., covers 182 people.
Reported premium across the insured contracts is $3,003,718, with $33,873 in disclosed broker commissions — about 1.1% of premium.
The most recent policy period ended in December, and the plan year ends December 31. Group contracts typically renew on that annual cycle.
HOWALT MCDOWELL INS, A MARSH & is the broker of record on 1 of the 8 contracts; the rest name a different broker or none.
6 carriers appear on the filing — WELLMARK OF SOUTH DAKOTA, INC., DELTA DENTAL OF SOUTH DAKOTA, LIFE INSURANCE COMPANY OF NORTH AMERICA and UNUM LIFE INSURANCE COMPANY OF AMERICA among them — with WELLMARK OF SOUTH DAKOTA, INC. writing the largest contract by premium.
Schedule A insurance contracts
| Carrier | Benefits | Covered | Renews | Premium | Commission |
|---|---|---|---|---|---|
| UNUM LIFE INSURANCE COMPANY OF AMERICA | — | 257 | December | $65,500 | $9,484 |
| LIFE INSURANCE COMPANY OF NORTH AMERICA | Life | 216 | December | $89,524 | $8,952 |
| AFLAC | — | 28 | December | $30,772 | $5,290 |
| LIFE INSURANCE COMPANY OF NORTH AMERICA | Disability | 209 | December | $34,351 | $3,435 |
| DELTA DENTAL OF SOUTH DAKOTA | Dental | 549 | December | $261,730 | $3,417 |
| LIFE INSURANCE COMPANY OF NORTH AMERICA | — | 216 | December | $18,034 | $1,803 |
| VISION SERVICE PLAN | Vision | 193 | December | $33,615 | $1,492 |
| WELLMARK OF SOUTH DAKOTA, INC. | Health | 182 | December | $2,470,192 | $0 |
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