Bnccorp Inc.benefits
Bnccorp Inc Employees' Life and Disability Insurance Plan · BISMARCK, ND · plan year 2025
Previously filed as Bnccorp, Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.
Bnccorp Inc.'s benefits plans covered 133 active participants in 2025, providing life · long-term disability · death benefits. Insurance premiums totaled $105,837. Insurance brokers and agents were paid $43,867 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 41.4% of premiums. That is $330 per covered person, above the median for employer plans that report broker pay. Broker pay rose 4.1% from $42,139 in 2024.
Why are you looking at this plan?
Source: DOL Form 5500 Schedule A, plan year 2025, EIN 450402816 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.