Plan Ledger DOL Form 5500 · updated monthly

Citizens Bankbenefits

Citizens Bank Health and Welfare Plan · MOORESVILLE, IN · plan year 2024

Broker compensation reported · 2024
$39,609

Citizens Bank's benefits plans covered 126 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $39,609 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $314 per covered person, above the median for employer plans that report broker pay. Broker pay fell 65% from $112,803 in 2023.

Insurance contracts · 20244
ANTHEM INSURANCE COMPANIES, INC. · health dental vision ppopremiums n/a · 177 covered
ANTHEM LIFE INSURANCE COMPANY · life std ltdpremiums n/a
ANTHEM LIFE INSURANCE COMPANY · life std ltdpremiums n/a
Brokers & agents paid · 20242
ERTEL & COMPANY INC.$33,225
CAPSTONE BENEFITS GROUP INC.$6,384
Also brokered by Ertel & Company Inc.2

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 350227210 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.