Form 5500 · Employee benefit plan · RAPID CITY, SD
SECURITY FIRST BANK
Public Form 5500 records show how SECURITY FIRST BANK of RAPID CITY, SD, a finance and insurance employer, structures its employee benefits. Its broker of record is LEAVITT GROUP. Coverage is written through METROPOLITAN LIFE INSURANCE COMPANY and 1 other carrier. The plan's most recent policy period ended in December.
Sourced from U.S. DOL EFAST2 Form 5500 · EIN 47-0299375 · plan 501 · as of Aug 2026
Plan brief
Schedule A lists 2 insured contracts covering dental, vision, life and disability; the largest, with METROPOLITAN LIFE INSURANCE COMPANY, covers 489 people.
Reported premium across the insured contracts is $500,265, with $22,103 in disclosed broker commissions — about 4.4% 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.
LEAVITT GROUP is the broker of record on 1 of the 2 contracts; the rest name a different broker or none.
Two carriers split the book: METROPOLITAN LIFE INSURANCE COMPANY and PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY.
Schedule A insurance contracts
| Carrier | Benefits | Covered | Renews | Premium | Commission |
|---|---|---|---|---|---|
| METROPOLITAN LIFE INSURANCE COMPANY | Dental, Vision, Life, Disability | 489 | December | $468,299 | $15,709 |
| PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY | — | 11 | December | $31,966 | $6,394 |
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