1ST Security Bank of Washingtonbenefits
Benefit Plan for 1ST Security Bank of Wa · MOUNTLAKE TERRACE, WA · plan year 2025
Broker compensation reported · 2025
$44,036
1ST Security Bank of Washington's benefits plans covered 580 active participants in 2025, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance brokers and agents were paid $44,036 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $76 per covered person, below the median for employer plans that report broker pay. Broker pay rose 2.0% from $43,160 in 2024.
Insurance contracts · 20255
FIRST CHOICE HEALTHpremiums n/a · 580 covered
VISION SERVICE PLAN · visionpremiums n/a · 496 covered
AMERICAN HERITAGE LIFE INSURANCE COMPANY · lifepremiums n/a · 207 covered
DELTA DENTAL OF WASHINGTON · dentalpremiums n/a · 36 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life ltdpremiums n/a · 584 covered
Brokers & agents paid · 20252
AMERICAN BNFTS. & COMP. SYS., INC.$3,790
ALLIANT INSURANCE SERVICES, INC.$40,246 · incl $8,786 fees
Also brokered by American Bnfts. & Comp. Sys., Inc.1
Cascade Drilling, LP WA$10,221
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 910459933 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.