Plan Ledger DOL Form 5500 · updated monthly

First Cooperative Associationbenefits

Agstate Cooperative Health & Welfare · CHEROKEE, IA · plan year 2025

Broker compensation reported · 2025
$105,737

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.

Insurance contracts · 20255
WELLMARK BLUE CROSS & BLUE SHIELD OF IOWA · health$3.6M · 310 covered
AMERITAS LIFE INSURANCE CORP. · visionpremiums n/a · 242 covered
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 147 covered
RELIASTAR LIFE INSURANCE COMPANY · life ltdpremiums n/a · 378 covered
DELTA DENTAL OF IOWA · dentalpremiums n/a · 278 covered
Brokers & agents paid · 20252
TRUENORTH COMPANIES LC$104,777 · incl $2,448 fees
ADP, INC.$960 · incl $960 fees
Also brokered by Truenorth Companies Lc5
Croell, Inc IA$63,460

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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.