Plan Ledger DOL Form 5500 · updated monthly

American State Bankbenefits

American State Bank Group Life Insurance · SIOUX CENTER, IA · plan year 2025

Broker compensation reported · 2025
$1,386

American State Bank's benefits plans covered 197 active participants in 2025, providing health. Insurance brokers and agents were paid $1,386 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $7 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 47% from $946 in 2024.

Insurance contracts · 20251
PRINCIPAL LIFE INSURANCE COMPANY · lifepremiums n/a · 197 covered
Brokers & agents paid · 20253
GROUP BENEFITS LTD$886 · incl $213 fees
GA SOLUTIONS LLC$358 · incl $358 fees
ACRISURE, LLC$142 · incl $142 fees
Also brokered by Group Benefits LTD5
Glenburn Homes HI$59,856

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 420318300 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.