Sioux Falls (SD) ERS — assets, returns and funding
Pensions: all tracked plans · Australian super in numbers · Private market performance · the PE statistics · what plans disclose · where they diverge
Sioux Falls (SD) ERS (South Dakota) reported $685m of assets for fiscal year 2025, a one-year investment return of 13.6%, and was 106.2% funded — at or above the 100% fully-funded mark.
| Total assets (FY 2025) | $685m |
| 1-year return | 13.6% |
| 5-year return (annualised) | 6.9% |
| 10-year return (annualised) | 8.6% |
| Funded ratio (GASB) | 106.2% |
Compare Sioux Falls (SD) ERS with similar plans
The plans most worth reading Sioux Falls (SD) ERS against — similar in size, or invested in the same managers — side by side, each with its own page for the detail:
| Plan | Assets | 1-yr return | Funded ratio | Why comparable |
|---|---|---|---|---|
| South Dakota RS | $15.3bn | 5.5% | 100.1% | Same state — South Dakota |
| Sioux Falls (SD) Fire | $226m | 10.3% | 107.9% | Same state — South Dakota |
| Kansas City (MO) Fire | $684m | 7.5% | 70.2% | Similar size |
| Montana Municipal Police | $690m | 9.5% | 74.6% | Similar size |
| Wichita (KS) ERS | $694m | 13.9% | 88.0% | Similar size |
| Kansas City (MO) Schools | $663m | 5.5% | 68.5% | Similar size |
Questions this page answers
How much does Sioux Falls (SD) ERS have in assets?
Sioux Falls (SD) ERS reported $685m in total assets for fiscal year 2025, as compiled by the Public Plans Database.
What return did Sioux Falls (SD) ERS make on its investments?
Sioux Falls (SD) ERS reported a 13.6% one-year investment return for fiscal year 2025, and 8.6% a year over the past ten years, per the Public Plans Database.
Is Sioux Falls (SD) ERS fully funded?
Yes — Sioux Falls (SD) ERS was 106.2% funded for fiscal year 2025, at or above the 100% fully-funded target. US public plans face no federal funding minimum, and few clear it (Public Plans Database).
See also: all tracked plans · how the private-equity funds these plans invest in have actually performed, from the plans' own disclosures: private market performance, and where plans' numbers diverge on the same fund.