First Cooperative Associationbenefits
Agstate Cooperative Health & Welfare · CHEROKEE, IA · plan year 2025
First Cooperative Association's benefits plans covered 310 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $3,623,005. Insurance brokers and agents were paid $105,737 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.9% of premiums. That is $341 per covered person, above the median for employer plans that report broker pay. Broker pay rose 2.4% from $103,214 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 420243900 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.