Plan Ledger DOL Form 5500 · updated monthly

Devon Bankbenefits

Devon Bank Welfare Benefit Plan · CHICAGO, IL · plan year 2025

Broker compensation reported · 2025
$90,940

Devon Bank's benefits plans covered 106 active participants in 2025, providing health · life · dental · vision · long-term disability · other. Insurance brokers and agents were paid $90,940 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $858 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 7.7% from $84,402 in 2024.

Insurance contracts · 20254
METROPOLITAN LIFE INSURANCE COMPANY · lifepremiums n/a · 100 covered
GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental vision std ltdpremiums n/a · 106 covered
METLIFE LEGAL PLANpremiums n/a · 13 covered
BLUECROSS BLUESHIELD OF ILLINOIS · healthpremiums n/a · 152 covered
Brokers & agents paid · 20253
COORDINATED BENEFITS COMPANY LLC$79,120 · incl $3,210 fees
BOON CHAPMAN BENEFITADMINISTRATORS$11,324 · incl $2,265 fees
GIS BENEFITS INC$496 · incl $496 fees
Also brokered by Coordinated Benefits Company LLC1

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 362030168 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.