De Smet Farm Mutual Salary

How much does the De Smet Farm Mutual Pay for employees?

As of August 2026, the average annual salary for employees at De Smet Farm Mutual in the United States is $80,407. This translates to an approximate hourly wage of $39. Salaries at De Smet Farm Mutual typically range from $70,752 to $90,918 annually, reflecting the diverse roles and experience levels within the company. De Smet Farm Mutual’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does De Smet Farm Mutual Pay for Different Roles?

Explore detailed salary information for specific jobs at De Smet Farm Mutual. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Current Job Openings at De Smet Farm Mutual

Ready for your next career move? Explore current job openings at De Smet Farm Mutual. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is De Smet Farm Mutual’s Pay Competitive? Salary Benchmarking Analysis

How does De Smet Farm Mutual’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
De Smet Farm Mutual
Insurance
Elmdale Farmers Mutual Insurance Inc
The Meehan Agency LLC
Industry Comparison
Our data shows that, on average, compensation at De Smet Farm Mutual is below the average for the U.S. Insurance industry by approximately 35%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared De Smet Farm Mutual average annual salary with several similar companies. De Smet Farm Mutual average salary of $80,407 is lower than Elmdale Farmers Mutual Insurance Inc, which has an average salary of $86,008. It is lower than The Meehan Agency LLC, with their average salary at $86,261. This places De Smet Farm Mutual in a developing position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

Employee Reviews: Working at De Smet Farm Mutual

Considering a career at De Smet Farm Mutual? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
The corporate culture emphasizes inclusivity, making it a welcoming place for diverse talent. The team is competent, and collaboration is smooth. The company also organizes social events, which help in building strong relationships with colleagues. The insurance field is challenging, but the company provides excellent training. The insurance industry is fast-paced, but the support system here is s...
Training programs are available, though more specialization options would be beneficial. I appreciate the company’s commitment to innovation in insurance solutions. The insurance training is thorough, and career advancement is encouraged. The company maintains a steady work environment, making it a reliable place for employment. Benefits are competitive, and work-life balance is good. The company ...
The health and wellness programs, including gym discounts, are a plus. Career growth opportunities exist for those who seek them. The insurance industry can be demanding, but processes here are well-organized. Proud to be part of this team. The company meets industry standards in terms of compensation and work expectations.

De Smet Farm Mutual Overview

Website
www.desmetfarmmutual.com
Founded In
1982
Employees
<25 employees
Industry
Insurance
Headquarter Address
120 Calumet Ave SE De Smet South Dakota SD 57231
Revenue
<$5 Million
Phone Number
+1 6058543337
Social Media
About De Smet Farm Mutual
For over 100 years, De Smet Farm Mutual has been helping to protect what we all love about South Dakota. Our company was formed by a small group of farmers in 1916 who knew that protecting your livelihood and lifestyle could best be done by those who truly understand it. When we started, it was difficult to find any insurance company that would cover South Dakotans or their businesses. Over the ye

What Benefits Does De Smet Farm Mutual Offer Beyond Salary?

A competitive compensation package is more than just a salary. De Smet Farm Mutual offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Sioux Falls?

Understanding the cost of living near Sioux Falls is key to truly evaluating a salary offer or your current compensation at De Smet Farm Mutual.
Sioux Falls' Cost of Living Index is approximately 90.5 (9.5% less expensive than US average; 3.0% less than SD average). Largest SD city, financial/healthcare hub, affordable housing. SAM bus. When planning your budget based on a salary from De Smet Farm Mutual, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $900 - $1,400+ A significant portion of De Smet Farm Mutual salary. Location choices impact this heavily.
Utilities (Basic) $110 - $200 Electricity, Heating, Cooling, Water etc.
Public Transportation $30 (SAM monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,150 - $3,500+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of De Smet Farm Mutual

1. What is the average salary for employees at De Smet Farm Mutual?

The average annual total compensation for employees at De Smet Farm Mutual is approximately $80,407. However, this is an aggregate figure, actual salaries can range significantly, typically from $70,752 to $90,918, depending on factors like job role, experience, and location.

2. How much does De Smet Farm Mutual pay compared to Elmdale Farmers Mutual Insurance Inc?

The average annual salary at De Smet Farm Mutual is $80,407, or an hourly wage of $39, in comparison to Elmdale Farmers Mutual Insurance Inc which pays $86,008 per year or $41 per hour.

3. What is the lowest salary at De Smet Farm Mutual?

The lowest-paying job at De Smet Farm Mutual is an Insurance Customer Service with a salary of $27,608 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at De Smet Farm Mutual?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at De Smet Farm Mutual for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does De Smet Farm Mutual offer cost-of-living adjustments (COLA) for employees in high-cost areas like Sioux Falls?

While some companies offer formal COLA, many, including potentially De Smet Farm Mutual, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at De Smet Farm Mutual?

Most companies, likely including De Smet Farm Mutual, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.