Plan Ledger DOL Form 5500 · updated monthly

Citizens First Bankbenefits

Citizens First Bank Welfare Benefits Plan · THE VILLAGES, FL · plan year 2024

Broker compensation reported · 2024
$149,462

Citizens First Bank's benefits plans covered 377 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $149,462 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $396 per covered person, above the median for employer plans that report broker pay. Broker pay rose 29% from $115,657 in 2023.

Insurance contracts · 20243
SUN LIFE ASSURANCE COMPANY OF CANADA · life std ltdpremiums n/a · 377 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental visionpremiums n/a · 301 covered
BERKLEY LIFE AND HEALTH INSURANCE CO. · stop-losspremiums n/a · 319 covered
Brokers & agents paid · 20245
STEALTH PARTNER GROUP, LLC$81,484 · incl $47,532 fees
THE BALDWIN GROUP SOUTHEAST LLC$54,465 · incl $11,255 fees
UMR$6,790 · incl $6,790 fees
Also brokered by Stealth Partner Group, LLC5
Naphcare, Inc. AL$157,173

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 593018034 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.