401k Plan data: SOUTH DAKOTA SOYBEAN PROCESSORS LLC 401(K) RETIREMENT PLAN plan

SOUTH DAKOTA SOYBEAN PROCESSORS LLC 401(K) RETIREMENT PLAN 401k Plan overview

Plan Name	SOUTH DAKOTA SOYBEAN PROCESSORS LLC 401(K) RETIREMENT PLAN
Plan identification number	001

SOUTH DAKOTA SOYBEAN PROCESSORS LLC 401(K) RETIREMENT PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

SOUTH DAKOTA SOYBEAN PROCESSORS LLC has sponsored the creation of one or more 401k plans.

Company Name: SOUTH DAKOTA SOYBEAN PROCESSORS LLC

Employer identification number (EIN): 460462968

NAIC Classification: 424500

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SOUTH DAKOTA SOYBEAN PROCESSORS LLC 401(K) RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2023-01-01
001 2022-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01
001 2017-01-01 MARCY MURANO
001 2016-01-01 MARCY MURANO
001 2015-01-01 MARCY MURANO 2016-06-23 MARCY MURANO 2016-06-23
001 2014-01-01 MARCY MURANO 2015-06-24 MARCY MURANO 2015-06-24
001 2013-01-01 MARCY MURANO 2014-06-26 MARCY MURANO 2014-06-26
001 2012-01-01 MARCY MURANO 2013-06-26 MARCY MURANO 2013-06-26
001 2011-01-01 MARCY MURANO 2012-06-12 MARCY MURANO 2012-06-12
001 2010-01-01 JEANINE KAHLE 2011-06-29 JEANINE KAHLE 2011-06-29
001 2009-01-01 JEANINE KAHLE

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2023-01-01
001	2022-01-01
001	2021-01-01
001	2020-01-01
001	2019-01-01
001	2018-01-01
001	2017-01-01	MARCY MURANO
001	2016-01-01	MARCY MURANO
001	2015-01-01	MARCY MURANO	2016-06-23	MARCY MURANO	2016-06-23
001	2014-01-01	MARCY MURANO	2015-06-24	MARCY MURANO	2015-06-24
001	2013-01-01	MARCY MURANO	2014-06-26	MARCY MURANO	2014-06-26
001	2012-01-01	MARCY MURANO	2013-06-26	MARCY MURANO	2013-06-26
001	2011-01-01	MARCY MURANO	2012-06-12	MARCY MURANO	2012-06-12
001	2010-01-01	JEANINE KAHLE	2011-06-29	JEANINE KAHLE	2011-06-29
001	2009-01-01	JEANINE KAHLE

Plan Statistics for SOUTH DAKOTA SOYBEAN PROCESSORS LLC 401(K) RETIREMENT PLAN

401k plan membership statisitcs for SOUTH DAKOTA SOYBEAN PROCESSORS LLC 401(K) RETIREMENT PLAN

Measure Date Value
2023: SOUTH DAKOTA SOYBEAN PROCESSORS LLC 401(K) RETIREMENT PLAN 2023 401k membership
Total participants, beginning-of-year 2023-01-01 161
Total number of active participants reported on line 7a of the Form 5500 2023-01-01 129
Number of retired or separated participants receiving benefits 2023-01-01 7
Number of other retired or separated participants entitled to future benefits 2023-01-01 32
Total of all active and inactive participants 2023-01-01 168
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2023-01-01 1
Total participants 2023-01-01 169
Number of participants with account balances 2023-01-01 166
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2023-01-01 23
2022: SOUTH DAKOTA SOYBEAN PROCESSORS LLC 401(K) RETIREMENT PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 159
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 117
Number of retired or separated participants receiving benefits 2022-01-01 8
Number of other retired or separated participants entitled to future benefits 2022-01-01 34
Total of all active and inactive participants 2022-01-01 159
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 159
Number of participants with account balances 2022-01-01 156
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 17
2021: SOUTH DAKOTA SOYBEAN PROCESSORS LLC 401(K) RETIREMENT PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 154
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 119
Number of retired or separated participants receiving benefits 2021-01-01 4
Number of other retired or separated participants entitled to future benefits 2021-01-01 34
Total of all active and inactive participants 2021-01-01 157
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 157
Number of participants with account balances 2021-01-01 151
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 14
2020: SOUTH DAKOTA SOYBEAN PROCESSORS LLC 401(K) RETIREMENT PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 151
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 118
Number of retired or separated participants receiving benefits 2020-01-01 6
Number of other retired or separated participants entitled to future benefits 2020-01-01 30
Total of all active and inactive participants 2020-01-01 154
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 154
Number of participants with account balances 2020-01-01 145
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 14
2019: SOUTH DAKOTA SOYBEAN PROCESSORS LLC 401(K) RETIREMENT PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 147
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 119
Number of retired or separated participants receiving benefits 2019-01-01 4
Number of other retired or separated participants entitled to future benefits 2019-01-01 27
Total of all active and inactive participants 2019-01-01 150
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 150
Number of participants with account balances 2019-01-01 138
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 18
2018: SOUTH DAKOTA SOYBEAN PROCESSORS LLC 401(K) RETIREMENT PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 136
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 119
Number of retired or separated participants receiving benefits 2018-01-01 4
Number of other retired or separated participants entitled to future benefits 2018-01-01 24
Total of all active and inactive participants 2018-01-01 147
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 147
Number of participants with account balances 2018-01-01 136
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 13
2017: SOUTH DAKOTA SOYBEAN PROCESSORS LLC 401(K) RETIREMENT PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 129
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 115
Number of retired or separated participants receiving benefits 2017-01-01 3
Number of other retired or separated participants entitled to future benefits 2017-01-01 19
Total of all active and inactive participants 2017-01-01 137
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 137
Number of participants with account balances 2017-01-01 125
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 15
2016: SOUTH DAKOTA SOYBEAN PROCESSORS LLC 401(K) RETIREMENT PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 126
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 111
Number of retired or separated participants receiving benefits 2016-01-01 1
Number of other retired or separated participants entitled to future benefits 2016-01-01 17
Total of all active and inactive participants 2016-01-01 129
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 129
Number of participants with account balances 2016-01-01 117
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 6
2009: SOUTH DAKOTA SOYBEAN PROCESSORS LLC 401(K) RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 88
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 69
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 18
Total of all active and inactive participants 2009-01-01 87
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 87
Number of participants with account balances 2009-01-01 76
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 6

Measure	Date	Value
2023: SOUTH DAKOTA SOYBEAN PROCESSORS LLC 401(K) RETIREMENT PLAN 2023 401k membership
Total participants, beginning-of-year	2023-01-01	161
Total number of active participants reported on line 7a of the Form 5500	2023-01-01	129
Number of retired or separated participants receiving benefits	2023-01-01	7
Number of other retired or separated participants entitled to future benefits	2023-01-01	32
Total of all active and inactive participants	2023-01-01	168
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2023-01-01	1
Total participants	2023-01-01	169
Number of participants with account balances	2023-01-01	166
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2023-01-01	23
2022: SOUTH DAKOTA SOYBEAN PROCESSORS LLC 401(K) RETIREMENT PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	159
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	117
Number of retired or separated participants receiving benefits	2022-01-01	8
Number of other retired or separated participants entitled to future benefits	2022-01-01	34
Total of all active and inactive participants	2022-01-01	159
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	159
Number of participants with account balances	2022-01-01	156
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	17
2021: SOUTH DAKOTA SOYBEAN PROCESSORS LLC 401(K) RETIREMENT PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	154
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	119
Number of retired or separated participants receiving benefits	2021-01-01	4
Number of other retired or separated participants entitled to future benefits	2021-01-01	34
Total of all active and inactive participants	2021-01-01	157
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	157
Number of participants with account balances	2021-01-01	151
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	14
2020: SOUTH DAKOTA SOYBEAN PROCESSORS LLC 401(K) RETIREMENT PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	151
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	118
Number of retired or separated participants receiving benefits	2020-01-01	6
Number of other retired or separated participants entitled to future benefits	2020-01-01	30
Total of all active and inactive participants	2020-01-01	154
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	154
Number of participants with account balances	2020-01-01	145
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	14
2019: SOUTH DAKOTA SOYBEAN PROCESSORS LLC 401(K) RETIREMENT PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	147
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	119
Number of retired or separated participants receiving benefits	2019-01-01	4
Number of other retired or separated participants entitled to future benefits	2019-01-01	27
Total of all active and inactive participants	2019-01-01	150
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	150
Number of participants with account balances	2019-01-01	138
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	18
2018: SOUTH DAKOTA SOYBEAN PROCESSORS LLC 401(K) RETIREMENT PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	136
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	119
Number of retired or separated participants receiving benefits	2018-01-01	4
Number of other retired or separated participants entitled to future benefits	2018-01-01	24
Total of all active and inactive participants	2018-01-01	147
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	147
Number of participants with account balances	2018-01-01	136
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	13
2017: SOUTH DAKOTA SOYBEAN PROCESSORS LLC 401(K) RETIREMENT PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	129
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	115
Number of retired or separated participants receiving benefits	2017-01-01	3
Number of other retired or separated participants entitled to future benefits	2017-01-01	19
Total of all active and inactive participants	2017-01-01	137
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	137
Number of participants with account balances	2017-01-01	125
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	15
2016: SOUTH DAKOTA SOYBEAN PROCESSORS LLC 401(K) RETIREMENT PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	126
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	111
Number of retired or separated participants receiving benefits	2016-01-01	1
Number of other retired or separated participants entitled to future benefits	2016-01-01	17
Total of all active and inactive participants	2016-01-01	129
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	129
Number of participants with account balances	2016-01-01	117
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	6
2009: SOUTH DAKOTA SOYBEAN PROCESSORS LLC 401(K) RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	88
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	69
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	18
Total of all active and inactive participants	2009-01-01	87
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	87
Number of participants with account balances	2009-01-01	76
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	6

Financial Data on SOUTH DAKOTA SOYBEAN PROCESSORS LLC 401(K) RETIREMENT PLAN

Measure	Date	Value
2023 : SOUTH DAKOTA SOYBEAN PROCESSORS LLC 401(K) RETIREMENT PLAN 2023 401k financial data
Total unrealized appreciation/depreciation of assets	2023-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2023-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2023-12-31	$0
Total income from all sources (including contributions)	2023-12-31	$4,028,350
Total loss/gain on sale of assets	2023-12-31	$68,279
Total of all expenses incurred	2023-12-31	$431,234
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2023-12-31	$428,931
Value of total corrective distributions	2023-12-31	$1,103
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2023-12-31	$1,190,119
Value of total assets at end of year	2023-12-31	$18,608,342
Value of total assets at beginning of year	2023-12-31	$15,011,226
Total of administrative expenses incurred including professional, contract, advisory and management fees	2023-12-31	$1,200
Total interest from all sources	2023-12-31	$25,614
Total dividends received (eg from common stock, registered investment company shares)	2023-12-31	$666,846
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2023-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2023-12-31	$666,846
Was this plan covered by a fidelity bond	2023-12-31	Yes
Value of fidelity bond cover	2023-12-31	$500,000
If this is an individual account plan, was there a blackout period	2023-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2023-12-31	No
Contributions received from participants	2023-12-31	$873,184
Participant contributions at end of year	2023-12-31	$222,869
Participant contributions at beginning of year	2023-12-31	$209,503
Participant contributions at end of year	2023-12-31	$12,431
Participant contributions at beginning of year	2023-12-31	$9,055
Income. Received or receivable in cash from other sources (including rollovers)	2023-12-31	$12,145
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2023-12-31	No
Value of net income/loss	2023-12-31	$3,597,116
Value of net assets at end of year (total assets less liabilities)	2023-12-31	$18,608,342
Value of net assets at beginning of year (total assets less liabilities)	2023-12-31	$15,011,226
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2023-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2023-12-31	No
Were any leases to which the plan was party in default or uncollectible	2023-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2023-12-31	$16,667,010
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2023-12-31	$13,234,606
Interest on participant loans	2023-12-31	$14,601
Value of interest in common/collective trusts at end of year	2023-12-31	$1,394,436
Value of interest in common/collective trusts at beginning of year	2023-12-31	$1,324,566
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2023-12-31	$307,485
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2023-12-31	$230,438
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2023-12-31	$230,438
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2023-12-31	$11,013
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2023-12-31	$2,077,492
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2023-12-31	No
Was there a failure to transmit to the plan any participant contributions	2023-12-31	No
Has the plan failed to provide any benefit when due under the plan	2023-12-31	No
Contributions received in cash from employer	2023-12-31	$304,790
Employer contributions (assets) at end of year	2023-12-31	$4,111
Employer contributions (assets) at beginning of year	2023-12-31	$3,058
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2023-12-31	$428,931
Contract administrator fees	2023-12-31	$1,200
Did the plan have assets held for investment	2023-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2023-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2023-12-31	No
Aggregate proceeds on sale of assets	2023-12-31	$68,279
Opinion of an independent qualified public accountant for this plan	2023-12-31	Unqualified
Accountancy firm name	2023-12-31	EIDE BAILLY
Accountancy firm EIN	2023-12-31	450250958
2022 : SOUTH DAKOTA SOYBEAN PROCESSORS LLC 401(K) RETIREMENT PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets	2022-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total income from all sources (including contributions)	2022-12-31	$-2,185,341
Total loss/gain on sale of assets	2022-12-31	$-584,967
Total of all expenses incurred	2022-12-31	$647,301
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$634,227
Value of total corrective distributions	2022-12-31	$12,241
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$1,056,342
Value of total assets at end of year	2022-12-31	$15,011,226
Value of total assets at beginning of year	2022-12-31	$17,843,868
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$833
Total interest from all sources	2022-12-31	$10,725
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$566,758
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2022-12-31	$566,758
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$500,000
If this is an individual account plan, was there a blackout period	2022-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Contributions received from participants	2022-12-31	$712,093
Participant contributions at end of year	2022-12-31	$209,503
Participant contributions at beginning of year	2022-12-31	$190,494
Participant contributions at end of year	2022-12-31	$9,055
Participant contributions at beginning of year	2022-12-31	$9,676
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$95,426
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$-2,832,642
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$15,011,226
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$17,843,868
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$13,234,606
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$17,083,803
Interest on participant loans	2022-12-31	$8,612
Value of interest in common/collective trusts at end of year	2022-12-31	$1,324,566
Value of interest in common/collective trusts at beginning of year	2022-12-31	$355,578
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2022-12-31	$230,438
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2022-12-31	$201,148
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2022-12-31	$201,148
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2022-12-31	$2,113
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-3,234,199
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	No
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Contributions received in cash from employer	2022-12-31	$248,823
Employer contributions (assets) at end of year	2022-12-31	$3,058
Employer contributions (assets) at beginning of year	2022-12-31	$3,169
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$634,227
Contract administrator fees	2022-12-31	$833
Did the plan have assets held for investment	2022-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Aggregate proceeds on sale of assets	2022-12-31	$-584,967
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	EIDE BAILLY LLP
Accountancy firm EIN	2022-12-31	450250958
2021 : SOUTH DAKOTA SOYBEAN PROCESSORS LLC 401(K) RETIREMENT PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets	2021-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total income from all sources (including contributions)	2021-12-31	$3,505,526
Total loss/gain on sale of assets	2021-12-31	$197,219
Total of all expenses incurred	2021-12-31	$488,107
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$471,536
Value of total corrective distributions	2021-12-31	$15,721
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$940,670
Value of total assets at end of year	2021-12-31	$17,843,868
Value of total assets at beginning of year	2021-12-31	$14,826,449
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$850
Total interest from all sources	2021-12-31	$8,957
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$1,158,780
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2021-12-31	$1,158,780
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$500,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$646,638
Participant contributions at end of year	2021-12-31	$190,494
Participant contributions at beginning of year	2021-12-31	$158,459
Participant contributions at end of year	2021-12-31	$9,676
Participant contributions at beginning of year	2021-12-31	$9,156
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$66,183
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$3,017,419
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$17,843,868
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$14,826,449
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$17,083,803
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$14,097,456
Interest on participant loans	2021-12-31	$8,068
Value of interest in common/collective trusts at end of year	2021-12-31	$355,578
Value of interest in common/collective trusts at beginning of year	2021-12-31	$350,360
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2021-12-31	$201,148
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2021-12-31	$207,686
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2021-12-31	$207,686
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2021-12-31	$889
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$1,199,900
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Contributions received in cash from employer	2021-12-31	$227,849
Employer contributions (assets) at end of year	2021-12-31	$3,169
Employer contributions (assets) at beginning of year	2021-12-31	$3,332
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$471,536
Contract administrator fees	2021-12-31	$850
Did the plan have assets held for investment	2021-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Aggregate proceeds on sale of assets	2021-12-31	$197,219
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	EIDE BAILLY LLP
Accountancy firm EIN	2021-12-31	450250958
2020 : SOUTH DAKOTA SOYBEAN PROCESSORS LLC 401(K) RETIREMENT PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets	2020-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total income from all sources (including contributions)	2020-12-31	$3,194,997
Total loss/gain on sale of assets	2020-12-31	$-35,906
Total of all expenses incurred	2020-12-31	$626,593
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$623,284
Value of total corrective distributions	2020-12-31	$2,376
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$804,447
Value of total assets at end of year	2020-12-31	$14,826,449
Value of total assets at beginning of year	2020-12-31	$12,258,045
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$933
Total interest from all sources	2020-12-31	$12,176
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$692,737
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$692,737
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$500,000
If this is an individual account plan, was there a blackout period	2020-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$592,354
Participant contributions at end of year	2020-12-31	$158,459
Participant contributions at beginning of year	2020-12-31	$173,637
Participant contributions at end of year	2020-12-31	$9,156
Participant contributions at beginning of year	2020-12-31	$7
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$5,247
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$2,568,404
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$14,826,449
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$12,258,045
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$14,097,456
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$11,214,982
Interest on participant loans	2020-12-31	$9,421
Value of interest in common/collective trusts at end of year	2020-12-31	$350,360
Value of interest in common/collective trusts at beginning of year	2020-12-31	$324,845
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2020-12-31	$207,686
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2020-12-31	$543,470
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2020-12-31	$543,470
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2020-12-31	$2,755
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$1,721,543
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Contributions received in cash from employer	2020-12-31	$206,846
Employer contributions (assets) at end of year	2020-12-31	$3,332
Employer contributions (assets) at beginning of year	2020-12-31	$1,104
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$623,284
Contract administrator fees	2020-12-31	$933
Did the plan have assets held for investment	2020-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Aggregate proceeds on sale of assets	2020-12-31	$-35,906
Opinion of an independent qualified public accountant for this plan	2020-12-31	Disclaimer
Accountancy firm name	2020-12-31	EIDE BAILLY LLP
Accountancy firm EIN	2020-12-31	450250958
2019 : SOUTH DAKOTA SOYBEAN PROCESSORS LLC 401(K) RETIREMENT PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total income from all sources (including contributions)	2019-12-31	$3,000,212
Total loss/gain on sale of assets	2019-12-31	$96,386
Total of all expenses incurred	2019-12-31	$206,014
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$200,840
Value of total corrective distributions	2019-12-31	$4,574
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$807,692
Value of total assets at end of year	2019-12-31	$12,258,045
Value of total assets at beginning of year	2019-12-31	$9,463,847
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$600
Total interest from all sources	2019-12-31	$19,486
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$591,066
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$591,066
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$500,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$575,839
Participant contributions at end of year	2019-12-31	$173,637
Participant contributions at beginning of year	2019-12-31	$155,008
Participant contributions at end of year	2019-12-31	$7
Participant contributions at beginning of year	2019-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$23,525
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$2,794,198
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$12,258,045
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$9,463,847
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$11,214,982
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$8,467,851
Interest on participant loans	2019-12-31	$9,203
Value of interest in common/collective trusts at end of year	2019-12-31	$324,845
Value of interest in common/collective trusts at beginning of year	2019-12-31	$297,503
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2019-12-31	$543,470
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2019-12-31	$543,485
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2019-12-31	$543,485
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2019-12-31	$10,283
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$1,485,582
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Contributions received in cash from employer	2019-12-31	$208,328
Employer contributions (assets) at end of year	2019-12-31	$1,104
Employer contributions (assets) at beginning of year	2019-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$200,840
Contract administrator fees	2019-12-31	$600
Did the plan have assets held for investment	2019-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Aggregate proceeds on sale of assets	2019-12-31	$96,386
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	EIDE BAILLY LLP
Accountancy firm EIN	2019-12-31	450250958
2018 : SOUTH DAKOTA SOYBEAN PROCESSORS LLC 401(K) RETIREMENT PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets	2018-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total income from all sources (including contributions)	2018-12-31	$1,727,232
Total loss/gain on sale of assets	2018-12-31	$-12,799
Total of all expenses incurred	2018-12-31	$143,624
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$128,165
Value of total corrective distributions	2018-12-31	$14,879
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$2,343,581
Value of total assets at end of year	2018-12-31	$9,463,847
Value of total assets at beginning of year	2018-12-31	$7,880,239
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$580
Total interest from all sources	2018-12-31	$14,928
Total dividends received (eg from common stock, registered investment company shares)	2018-12-31	$566,397
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2018-12-31	$566,397
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$500,000
If this is an individual account plan, was there a blackout period	2018-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Contributions received from participants	2018-12-31	$491,513
Participant contributions at end of year	2018-12-31	$155,008
Participant contributions at beginning of year	2018-12-31	$131,679
Participant contributions at end of year	2018-12-31	$0
Participant contributions at beginning of year	2018-12-31	$16,221
Income. Received or receivable in cash from other sources (including rollovers)	2018-12-31	$1,668,404
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$1,583,608
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$9,463,847
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$7,880,239
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-12-31	$8,467,851
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$7,116,520
Interest on participant loans	2018-12-31	$7,616
Value of interest in common/collective trusts at end of year	2018-12-31	$297,503
Value of interest in common/collective trusts at beginning of year	2018-12-31	$124,833
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2018-12-31	$543,485
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2018-12-31	$484,515
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2018-12-31	$484,515
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2018-12-31	$7,312
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-1,184,875
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
Was there a failure to transmit to the plan any participant contributions	2018-12-31	No
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Contributions received in cash from employer	2018-12-31	$183,664
Employer contributions (assets) at end of year	2018-12-31	$0
Employer contributions (assets) at beginning of year	2018-12-31	$6,471
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$128,165
Contract administrator fees	2018-12-31	$580
Did the plan have assets held for investment	2018-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	No
Aggregate proceeds on sale of assets	2018-12-31	$-12,799
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2018-12-31	Disclaimer
Accountancy firm name	2018-12-31	EIDE BAILLY LLP
Accountancy firm EIN	2018-12-31	450250958
2017 : SOUTH DAKOTA SOYBEAN PROCESSORS LLC 401(K) RETIREMENT PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets	2017-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total income from all sources (including contributions)	2017-12-31	$1,712,764
Total loss/gain on sale of assets	2017-12-31	$49,717
Total of all expenses incurred	2017-12-31	$337,822
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$337,122
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$661,071
Value of total assets at end of year	2017-12-31	$7,880,239
Value of total assets at beginning of year	2017-12-31	$6,505,297
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$700
Total interest from all sources	2017-12-31	$8,634
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$389,895
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2017-12-31	$389,895
Administrative expenses professional fees incurred	2017-12-31	$700
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$500,000
If this is an individual account plan, was there a blackout period	2017-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Contributions received from participants	2017-12-31	$485,213
Participant contributions at end of year	2017-12-31	$131,679
Participant contributions at beginning of year	2017-12-31	$115,799
Participant contributions at end of year	2017-12-31	$16,221
Income. Received or receivable in cash from other sources (including rollovers)	2017-12-31	$857
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Value of net income/loss	2017-12-31	$1,374,942
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$7,880,239
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$6,505,297
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2017-12-31	$7,116,520
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2017-12-31	$5,850,465
Interest on participant loans	2017-12-31	$5,541
Value of interest in common/collective trusts at end of year	2017-12-31	$124,833
Value of interest in common/collective trusts at beginning of year	2017-12-31	$78,504
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2017-12-31	$484,515
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2017-12-31	$460,529
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2017-12-31	$460,529
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2017-12-31	$3,093
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-12-31	$603,447
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	No
Was there a failure to transmit to the plan any participant contributions	2017-12-31	No
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Assets. Value of employer real property at beginning of year	2017-12-31	$0
Contributions received in cash from employer	2017-12-31	$175,001
Employer contributions (assets) at end of year	2017-12-31	$6,471
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$337,122
Assets. Value of buildings and other operty used in plan operation at beginning of year	2017-12-31	$0
Did the plan have assets held for investment	2017-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	No
Aggregate proceeds on sale of assets	2017-12-31	$49,717
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2017-12-31	Disclaimer
Accountancy firm name	2017-12-31	EIDE BAILLY LLP
Accountancy firm EIN	2017-12-31	450250958
2016 : SOUTH DAKOTA SOYBEAN PROCESSORS LLC 401(K) RETIREMENT PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets	2016-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$0
Total income from all sources (including contributions)	2016-12-31	$1,171,638
Total loss/gain on sale of assets	2016-12-31	$15,009
Total of all expenses incurred	2016-12-31	$59,066
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-12-31	$58,586
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-12-31	$595,154
Value of total assets at end of year	2016-12-31	$6,505,297
Value of total assets at beginning of year	2016-12-31	$5,392,725
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-12-31	$480
Total interest from all sources	2016-12-31	$5,586
Total dividends received (eg from common stock, registered investment company shares)	2016-12-31	$259,429
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2016-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2016-12-31	$259,429
Administrative expenses professional fees incurred	2016-12-31	$480
Was this plan covered by a fidelity bond	2016-12-31	Yes
Value of fidelity bond cover	2016-12-31	$500,000
If this is an individual account plan, was there a blackout period	2016-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2016-12-31	No
Contributions received from participants	2016-12-31	$412,173
Participant contributions at end of year	2016-12-31	$115,799
Participant contributions at beginning of year	2016-12-31	$68,275
Income. Received or receivable in cash from other sources (including rollovers)	2016-12-31	$17,202
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Value of net income/loss	2016-12-31	$1,112,572
Value of net assets at end of year (total assets less liabilities)	2016-12-31	$6,505,297
Value of net assets at beginning of year (total assets less liabilities)	2016-12-31	$5,392,725
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2016-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2016-12-31	No
Were any leases to which the plan was party in default or uncollectible	2016-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2016-12-31	$5,850,465
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2016-12-31	$5,236,515
Income. Interest from loans (other than to participants)	2016-12-31	$3,285
Value of interest in common/collective trusts at end of year	2016-12-31	$78,504
Value of interest in common/collective trusts at beginning of year	2016-12-31	$87,935
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2016-12-31	$460,529
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2016-12-31	$2,301
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2016-12-31	$296,460
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2016-12-31	No
Was there a failure to transmit to the plan any participant contributions	2016-12-31	No
Has the plan failed to provide any benefit when due under the plan	2016-12-31	No
Assets. Value of employer real property at end of year	2016-12-31	$0
Contributions received in cash from employer	2016-12-31	$165,779
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-12-31	$58,586
Assets. Value of buildings and other operty used in plan operation at end of year	2016-12-31	$0
Did the plan have assets held for investment	2016-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2016-12-31	No
Aggregate proceeds on sale of assets	2016-12-31	$15,009
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2016-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2016-12-31	Disclaimer
Accountancy firm name	2016-12-31	EIDE BAILLY LLP
Accountancy firm EIN	2016-12-31	450250958

Form 5500 Responses for SOUTH DAKOTA SOYBEAN PROCESSORS LLC 401(K) RETIREMENT PLAN

2023: SOUTH DAKOTA SOYBEAN PROCESSORS LLC 401(K) RETIREMENT PLAN 2023 form 5500 responses
2023-01-01	Type of plan entity	Single employer plan
2023-01-01	Submission has been amended	No
2023-01-01	This submission is the final filing	No
2023-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2023-01-01	Plan is a collectively bargained plan	No
2023-01-01	Plan funding arrangement – Trust	Yes
2023-01-01	Plan benefit arrangement - Trust	Yes
2022: SOUTH DAKOTA SOYBEAN PROCESSORS LLC 401(K) RETIREMENT PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: SOUTH DAKOTA SOYBEAN PROCESSORS LLC 401(K) RETIREMENT PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: SOUTH DAKOTA SOYBEAN PROCESSORS LLC 401(K) RETIREMENT PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: SOUTH DAKOTA SOYBEAN PROCESSORS LLC 401(K) RETIREMENT PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: SOUTH DAKOTA SOYBEAN PROCESSORS LLC 401(K) RETIREMENT PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: SOUTH DAKOTA SOYBEAN PROCESSORS LLC 401(K) RETIREMENT PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: SOUTH DAKOTA SOYBEAN PROCESSORS LLC 401(K) RETIREMENT PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2009: SOUTH DAKOTA SOYBEAN PROCESSORS LLC 401(K) RETIREMENT PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	SOUTH DAKOTA SOYBEAN PROCESSORS LLC
Employer identification number (EIN):	460462968
NAIC Classification:	424500