2024-11-07T15:36:49-06:00 2023-12-31 450250958 Eide Bailly LLP 4585 Coleman St Ste 200 Bismarck ND 58503 990 2023-01-01 467521485 ND Banks Benefit Trust NDBA 7012235303 122 E Main Ave Ste 201 Bismarck ND 585013889 Ilene Baker Chairman 7012235303 2024-11-07 1 1 Lisa Chaffee CPA P00193453 7012551091 2024-11-07 2023 2024-10-15 13:58:12Z Ilene Baker 122 E Main Ave Ste 201 Bismarck ND 585013889 19413158 0 X N/A X Trust 2014 ND To provide and maintain those benefits which the Benefit Plan Trustees, in its sole discretion, determines from time-to-time shall be provided and as are specified in the Plan Document and for payment, in accordance with ERISA, of reasonable expenses incurred in the administration of the Plan. 7 0 0 7 90172 85795 0 0 20230448 19322986 32028 90172 0 0 20262476 19413158 0 0 13684796 15160384 0 0 0 0 0 3710059 3335426 17394855 18495810 2867621 917348 11065335 11982683 0 0 11065335 11982683 X None 0 0 As of December 31, 2023, the ND Banks Benefit Trust (NDBBT) covered approximately 3,078 persons for Health Insurance. In addition, approximately 1,941 persons were covered for Dental Insurance and approximately 1,089 were covered for Vision Insurance at the end of the year.The NDBBT completed and sent out the Form 1095B's to the employees of the participating banks with under 50 employees - and electronically filed the corresponding Form 1094C with the IRS. The Trust also provided guidance on completion of the Forms 1095C and 1094C for the participating banks with over 50 employees.The NDBBT continues to promote and encourage healthy lifestyles through monthly articles published in both the ICBND and NDBA monthly magazines and promoting participation in Blue Cross Blue Shield's Wellness Summits and Wellness Program Trainings.The NDBBT (working through Brown & Brown) offers ancillary benefits (life, AD&D, LTD, STD, voluntary life) to North Dakota banks.The ND BANKS Benefit Trust had 43 participating banks and 2 banking associations in the year from January 1, 2023 - December 31, 2023. NDBBT continues to work with Brown & Brown (broker) to provide access to innovative benefits communication tools such as on-demand BrainShark training videos and a mobile app that allows employees to load bank specific benefits information on their phone and other devices. Bank employees and their family members also have access to Medicare Specialists through the Medicare Eligibility Program to help them enroll in and explore the many options available to them through Medicare. The Medicare Eligibility Program is paid for by the NDBBT and is provided at no cost to the bank employees and their family members. NDBBT offers the Learn to Live Mental Health program through BCBSND. This is an on-line program that is provided to bank employees and their families (13 and older) at no cost. Learn to Live offers proven on-line programs addressing stress, depression, social anxiety, insomnia and substance use which can be accessed anytime anywhere.NDBBT also offers an Employee Assistance Program to those banks that participate in the ancillary benefits (life, AD&D, LTD, STD, voluntary life) through Mutual of Omaha. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 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 1 0 1 1 0 0 0 0 0 0 0 X 7 0 0 0 1 0 1 1 0 1 0 0 0 1 1 1 1 0 0 0 0 0 X Angi Day 7012235303 122 E Main Ave Ste 201 Bismarck ND 58501 X Sarah Getzlaff Chairman (See Schedule O) 0.10 40.00 X X 0 0 0 Ilene Baker Vice Chairman (See Schedule O) 0.10 40.00 X X 0 0 0 Natalie Murch Treasurer (See Schedule O) 0.10 40.00 X X 0 0 0 Todd Heilman Trustee (See Schedule O) 0.10 40.00 X 0 0 0 Rick Beall Jr Trustee (See Schedule O) 0.10 40.00 X 0 0 0 Carrie Zubke Trustee (See Schedule O) 0.10 40.00 X 0 0 0 Nancy Peterson Trustee (See Schedule O) 0.10 40.00 X 0 0 0 0 0 0 0 0 0 0 Blue Cross Blue Shield of ND 4510 13th Ave S Fargo ND 58121 Third Party Administrator 1087554 Brown & Brown 80 S 8th St STE 700 Minneapolis MN 55402 Broker/Consultant 145000 2 Member Contributions 525100 19322986 19322986 19322986 90172 90172 19413158 19322986 90172 0 15160384 1186966 177485 6241 2281 4984 Stop Loss Fees 1950504 Trustee Expense 4880 Income Tax Expense 124 1961 18495810 10168198 11299537 887086 666415 10051 16731 11065335 11982683 0 0 X 0 0 0 0 11065335 11982683 11065335 11982683 11065335 11982683 917348 0 X 0 1 X 0 0 0 X 19413158 0 19413158 0 19413158 18495810 0 18495810 0 18495810 Part X, Line 2: Accounting principles generally accepted in the United States of America require trust management to evaluate tax positions taken by the trust and recognize a tax liability (or asset) if the trust has taken an uncertain tax position that more likely than not would not be sustained upon examination of the Internal Revenue Service. The trust is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Form 990, Part VI, Section A, line 1a The Board of Trustees consists of employees of the contributing employers and as such the board members are compensated by the contributing employers for the services they provide as employees of their respective employer. Due to this, they are not considered independent Trustees. Form 990, Part VI, Section A, line 4 Increased number of voting Trustees from 7 to 9. The total number of Trustees is now 11 - including the non-voting NDBA and ICBND Association Execs (Plan Sponsors). Form 990, Part VI, Section A, line 6 The ND Banks Benefit Trust has two members consisting of the North Dakota Bankers Association and the Independent Community Banks of North Dakota. Form 990, Part VI, Section A, line 7a Each of the member Banking Associations may nominate up to four Trustees. Form 990, Part VI, Section A, line 8b There are no committees that are able to act on behalf of the board. Form 990, Part VI, Section B, line 11b The Form 990 is provided to the board prior to being filed, and presented at the next board meeting after filing. Form 990, Part VI, Section B, line 12c Trustees, consultants, and employees of the Trust are required to disclose any conflicts of interest. Conflicts are reviewed by the remaining independent Trustees. Trustees with conflicts will recuse themselves from voting on issues in which they have a conflict. Form 990, Part VI, Section C, line 19 The organization does not make its governing documents, conflict of interest policy, and financial statements available to the public. Part VII, Section A., Line 1a Columns (E) and (F): The Compensation paid to the Trustees by the related organizations is not included in columns (E) and (F) because it is paid by a for-profit orgnization that is not owned or controlled directly or indirectly by the ND Banks Benefit Trust, and the related for-profit organizations do not provide managment services for a fee to the ND Banks Benefit Trust. North Dakota Bankers Association PO Box 1438 Bismarck ND 585021438 450172930 Provide education to its members and promote the banking industry ND 501(c)(6) N/A 0 Independent Community Banks of North Dakota PO Box 6128 Bismarck ND 585066128 450338033 To provide information, seminars, and education for member banks ND 501(c)(6) N/A 0 ROLETTE STATE BANK FIRST STATE BANK OF HARVEY FIRST NATIONAL BANK (BOTTINEAU) STRASBURG STATE BANK UNION STATE BANK (HAZEN) BANK OF HAZELTON LIBERTY STATE BANK (POWERS LAKE) LINCOLN STATE BANK MCINTOSH COUNTY BANK (ASHLEY) MERCHANTS BANK (RUGBY) PEOPLES STATE BANK (VELVA) FIRST SECURITY BANK WEST (BEULAH) DAKOTA WESTERN BANK (BOWMAN) COMMERCIAL BANK OF MOTT GRANT COUNTY STATE BANK (CARSON) THE UNION BANK (BEULAHGLEN ULLIN) PEOPLES STATE BANK (FAIRMOUNT) ND BANKERS ASSOCIATION (BISMARCK) CITIZENS STATE BANK (PARK RIVER) FIRST UNITED BANK (PARK RIVER) HUNTER HOLDING COMPANY (HARVEY) STATE BANK OF BOTTINEAU STOCK GROWERS BANK (FORMAN) HEARTLAND STATE BANK (EDGELEY) PEOPLES STATE BANK (WESTHOPE) KINDRED STATE BANK SECURITY FIRST BANK OF NORTH DAKOTA (NEW SALEM) STATE BANK OF LAKOTA KODABANK (DRAYTON) BANKNORTH (ARTHUR) FIRST STATE BANK OF CANDO FIRST STATE BANK (BEACH) INDEPENDENT COMMUNITY BANKS OF ND (BISMARCK) CORNERSTONE BANK (FARGO) UNITED VALLEY BANK (CAVALIER) BRAVERA HOLDING CORP (DICKINSON) FIRST STATE BANK (BUXTON) GOOSE RIVER BANK (MAYVILLE) KIRKWOOD BANK & TRUST CO (BISMARCK) HORIZON FINANCIAL BANK (MUNICH) FARMERS & MERCHANTS BANK (TOLNA) UNISON BANK (JAMESTOWN) TRUCOMMUNITY BANK 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1