ND BANKS BENEFIT TRUST
122 E Main Ave Ste 201, Bismarck, ND 585013889

Total Revenue
$20,133,832
Total Expenses
$17,984,983
Net Assets
$4,616,364

Organizations Filed Purposes: 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.

As of December 31, 2019, the ND Banks Benefit Trust (NDBBT) covered approximately 3,484 persons for Health Insurance. In addition, approximately 1,810 persons were covered for Dental Insurance and approximately 1,187 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 sponsored booths at both the ND Banker's Association and Independent Community Banks of ND conventions. The Trust also sponsored wellness focused events (i.e. Meditation Breaks, healthy sack lunches for golf outings and chair massage breaks).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 Middaugh Benefits Consulting) offers ancillary benefits (life, AD&D, LTD, STD, voluntary life) to North Dakota banks.The ND BANKS Benefit Trust had 53 participating banks and 2 banking associations in the year from January 1, 2019 - December 31, 2019.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Natalie MurchTrustee0.1$0
Carrie ZubkeTrustee0.1$0
Rick Beall JrTrustee0.1$0
Ilene BakerTrustee0.1$0
Sarah GetzlaffTreasurer0.1$0
Nancy PetersenVice Chairman0.1$0
Todd HeilmanChairman0.1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202013109349302361_public.xml