Arvest Bankbenefits
Arvest Bank Group Welfare Benefits Plan · LOWELL, AR · plan year 2024
Broker compensation reported · 2024
$880,417
Arvest Bank's benefits plans covered 6,297 active participants in 2024, providing health · dental · vision. Insurance brokers and agents were paid $880,417 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $140 per covered person, below the median for employer plans that report broker pay. Broker pay fell 32% from $1,287,111 in 2023.
Insurance contracts · 20244
RELIASTAR LIFE INSURANCE COMPANY · stop-losspremiums n/a · 8,429 covered
VISION SERVICE PLAN · visionpremiums n/a · 4,815 covered
UNITED BEHAVIORAL HEALTH DBA OPTUMpremiums n/a · 6,397 covered
RELIASTAR LIFE INSURNACE COMPANY · life std ltdpremiums n/a · 11,218 covered
Brokers & agents paid · 20243
MERCER HEALTH & BENEFITS, LLC$713,087 · incl $14,835 fees
AVANT SPECIALTY BENEFITS, LLC$111,697 · incl $111,697 fees
UMR INC.$55,633 · incl $55,633 fees
Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156
The Boeing Co. and Consolidated Subsidiaries WA$5,091,875
Tata America International Corporation NY$4,231,391
Northrop Grumman Corporation VA$4,003,536
Why are you looking at this plan?
More
Source: DOL Form 5500 Schedule A, plan year 2024, EIN 710118700 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.