Plan Ledger DOL Form 5500 · updated monthly

Financial Business Systems, Inc.benefits

Financial Business Systems Group Benefit Plan · FARGO, ND · plan year 2025

Broker compensation reported · 2025
$42,468

Financial Business Systems, Inc.'s benefits plans covered 136 active participants in 2025, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $100,720. Insurance brokers and agents were paid $42,468 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 42.2% of premiums. That is $312 per covered person, above the median for employer plans that report broker pay. Broker pay rose 9.5% from $38,778 in 2024.

Insurance contracts · 20254
DELTA DENTAL OF MINNESOTA · dental$101K · 211 covered
BLUE CROSS BLUE SHIELD OF NORTH DAKOTA · health drug visionpremiums n/a · 228 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 136 covered
USABLE LIFEpremiums n/a · 5 covered
Brokers & agents paid · 20254
HUB INTERNATIONAL GREAT PLAINS$11,108 · incl $1,817 fees
AZURANCE GROUP INC$74
2 individual agents · names withheld$19

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

Also brokered by HUB International5
Rfe/Rl, Inc. DC$1,044,707

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 450346952 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.