Sioux Falls ERS Basics, by Plan
Plan |
Assets (millions) |
Total Members |
Sioux Falls ERS |
582.8 |
1,296 |
Other Plans |
0 |
0 |
Total |
582.8 |
1,296 |
Source: Public Plans Database (as of 2023)
Note: Sioux Falls ERS has 0 other plans.
Assets
Assets at Year-End
Sioux Falls ERS
2001-2023
Fiscal Year |
Net Assets (billions) |
2001 |
0.2 |
2002 |
0.1 |
2003 |
0.2 |
2004 |
0.2 |
2005 |
0.2 |
2006 |
0.2 |
2007 |
0.3 |
2008 |
0.2 |
2009 |
0.2 |
2010 |
0.2 |
2011 |
0.3 |
2012 |
0.3 |
2013 |
0.3 |
2014 |
0.4 |
2015 |
0.4 |
2016 |
0.4 |
2017 |
0.5 |
2018 |
0.4 |
2019 |
0.5 |
2020 |
0.6 |
2021 |
0.6 |
2022 |
0.5 |
2023 |
0.6 |
Membership
Ratio of Actives to Beneficiaries, 2001-2023
Fiscal Year |
Sioux Falls ERS |
US State and Local Pensions |
2001 |
2.1 |
2.4 |
2002 |
2.2 |
2.3 |
2003 |
2.2 |
2.2 |
2004 |
2.2 |
2.1 |
2005 |
2.1 |
2.1 |
2006 |
2.1 |
2.0 |
2007 |
2.1 |
2.0 |
2008 |
2.1 |
1.9 |
2009 |
2.1 |
1.9 |
2010 |
2.0 |
1.8 |
2011 |
1.9 |
1.7 |
2012 |
1.8 |
1.6 |
2013 |
1.8 |
1.5 |
2014 |
1.4 |
1.4 |
2015 |
1.3 |
1.4 |
2016 |
1.2 |
1.4 |
2017 |
1.0 |
1.4 |
2018 |
0.9 |
1.3 |
2019 |
0.8 |
1.3 |
2020 |
0.8 |
1.3 |
2021 |
0.7 |
1.2 |
2022 |
0.6 |
1.2 |
2023 |
0.5 |
1.2 |
2023 Membership for Sioux Falls ERS
Actives |
Beneficiaries |
Inactive Vested |
Total Membership |
# of Participating Employers |
423 |
783 |
90 |
1,296 |
1 |
Cash Flows
Cash Flow vs. Total Assets (Millions)
Sioux Falls ERS
2001-2023
Fiscal Year |
Cash Flow |
Assets |
2001 |
-1.9 |
154.6 |
2002 |
-1.9 |
137.5 |
2003 |
-1.6 |
172.0 |
2004 |
-1.2 |
195.2 |
2005 |
-1.3 |
210.6 |
2006 |
-1.8 |
241.4 |
2007 |
-0.5 |
260.4 |
2008 |
-1.4 |
187.3 |
2009 |
-3.0 |
218.5 |
2010 |
-2.7 |
249.0 |
2011 |
-2.4 |
251.4 |
2012 |
-3.2 |
285.2 |
2013 |
0.2 |
343.0 |
2014 |
-2.9 |
364.5 |
2015 |
-3.9 |
360.6 |
2016 |
-5.4 |
385.5 |
2017 |
-6.4 |
469.4 |
2018 |
-8.4 |
441.2 |
2019 |
-11.5 |
517.5 |
2020 |
-13.1 |
569.8 |
2021 |
-14.0 |
635.9 |
2022 |
-16.4 |
531.7 |
2023 |
-18.7 |
582.8 |
2023 Cash Flows for Sioux Falls ERS (millions)
Inflows |
Outflows |
Investment Gains (losses) |
Change in Net Assets |
11.9 |
30.6 |
69.8 |
51.1 |
Cash Flow as a Percentage of Assets
Sioux Falls ERS
2001-2023
Fiscal Year |
Sioux Falls ERS |
National Average |
2001 |
-1.2 |
-2.1 |
2002 |
-1.4 |
-2.0 |
2003 |
-0.9 |
-2.5 |
2004 |
-0.6 |
-2.0 |
2005 |
-0.6 |
-2.2 |
2006 |
-0.7 |
-2.2 |
2007 |
-0.2 |
-2.1 |
2008 |
-0.8 |
-2.3 |
2009 |
-1.4 |
-3.1 |
2010 |
-1.1 |
-3.2 |
2011 |
-1.0 |
-3.1 |
2012 |
-1.1 |
-3.3 |
2013 |
0.1 |
-3.1 |
2014 |
-0.8 |
-2.9 |
2015 |
-1.1 |
-2.8 |
2016 |
-1.4 |
-3.0 |
2017 |
-1.4 |
-2.9 |
2018 |
-1.9 |
-2.6 |
2019 |
-2.2 |
-2.6 |
2020 |
-2.3 |
-2.4 |
2021 |
-2.2 |
-2.1 |
2022 |
-3.1 |
-2.1 |
2023 |
-3.2 |
-2.1 |