Bank Forwardbenefits
Bank Forward Group Benefit Plan · FARGO, ND · plan year 2024
Broker compensation reported · 2024
$40,030
Bank Forward's benefits plans covered 182 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance brokers and agents were paid $40,030 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $220 per covered person, above the median for employer plans that report broker pay. Broker pay fell 6.0% from $42,586 in 2023.
Insurance contracts · 20242
SANFORD HEALTH PLAN · healthpremiums n/a · 458 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · life ltdpremiums n/a · 219 covered
Brokers & agents paid · 20241
INSURE FORWARD INC$40,030
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 450192700 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.