Plan Ledger DOL Form 5500 · updated monthly

Banner Associates, Inc.benefits

Banner Associates Ad&D Plan · BROOKINGS, SD · plan year 2025

Broker compensation reported · 2025
$8,300

Banner Associates, Inc.'s benefits plans covered 132 active participants in 2025, providing death benefits. Insurance brokers and agents were paid $8,300 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $63 per covered person, in the bottom quarter of employer plans that report broker pay.

Insurance contracts · 20253
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 105 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 105 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 105 covered
Brokers & agents paid · 20251
MARSH & MCLENNAN AGENCY$8,300 · incl $495 fees
Also brokered by Marsh McLennan Agency5
Rme LTD. LLC CO$10,578,643

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 830184921 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.