Plan Ledger DOL Form 5500 · updated monthly

Farmers National Bankbenefits

Farmers National Bank Long Term Disability Income Plan · CANFIELD, OH · plan year 2025

Broker compensation reported · 2025
$116,700

Farmers National Bank's benefits plans covered 650 active participants in 2025, providing life · short-term disability · long-term disability · other. Insurance brokers and agents were paid $116,700 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $180 per covered person, below the median for employer plans that report broker pay. Broker pay rose 10% from $105,804 in 2024.

Insurance contracts · 20255
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 650 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 650 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 255 covered
UNITED HEALTHCARE INSURANCE COMPANY · stop-losspremiums n/a · 769 covered
Brokers & agents paid · 20253
MAGIS ADVISORY GROUP LLC$81,122
DMC BENEFITS INC$22,720 · incl $22,720 fees
FARMERS NATIONAL INSURANCE LLC$12,858
Also brokered by Magis Advisory Group LLC3

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2025, EIN 340214400 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.