First American Commercial Bancorp, Inc.benefits
First American Equipment Finance · VICTOR, NY · plan year 2025
First American Commercial Bancorp, Inc.'s benefits plans covered 299 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $3,668,010. Insurance brokers and agents were paid $140,300 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.8% of premiums. That is $469 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 11% from $126,677 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 364014671 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.