Plan Ledger DOL Form 5500 · updated monthly

Bridgewater Bankbenefits

Bridgewater Bank Health and Welfare Benefit Plan · ST. LOUIS PARK, MN · plan year 2025

Broker compensation reported · 2025
$114,567

Bridgewater Bank's benefits plans covered 317 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $114,567 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $361 per covered person, above the median for employer plans that report broker pay. Broker pay rose 23% from $93,185 in 2024.

Insurance contracts · 20253
HEALTHPARTNERS INSURANCE COMPANY · healthpremiums n/a · 471 covered
VSP · visionpremiums n/a · 176 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life ltdpremiums n/a · 317 covered
Brokers & agents paid · 20251
MARSH & MCLENNAN AGENCY LLC$114,567 · incl $11,435 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 030572894 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.