First Business Financial Services, Inc.benefits
First Business Financial Services, Inc Employee Benefits Plan · MADISON, WI · plan year 2025
First Business Financial Services, Inc.'s benefits plans covered 362 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $790,626. Insurance brokers and agents were paid $165,336 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 20.9% of premiums. That is $457 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 14% from $144,632 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 391576570 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.