Plan Ledger DOL Form 5500 · updated monthly

First Dakota National Bankbenefits

First Dakota National Bank Health and Welfare Plan · YANKTON, SD · plan year 2025

Broker compensation reported · 2025
$34,972

First Dakota National Bank's benefits plans covered 365 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $273,820. Insurance brokers and agents were paid $34,972 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 12.8% of premiums. That is $96 per covered person, below the median for employer plans that report broker pay. Broker pay fell 23% from $45,323 in 2024.

Insurance contracts · 20259
STANDARD INSURANCE COMPANY · life$135K · 350 covered
STANDARD INSURANCE COMPANY · ltd$82K · 356 covered
STANDARD INSURANCE COMPANY · vision$57K · 192 covered
UNITED OF OMAHA LIFE INSURANCE COMPANYpremiums n/a · 47 covered
DELTA DENTAL OF SOUTH DAKOTA · dentalpremiums n/a · 529 covered
CURALINC HEALTHCAREpremiums n/a · 365 covered
UNITED OF OMAHA LIFE INSURANCE COMPANYpremiums n/a · 66 covered
UNITED OF OMAHA LIFE INSURANCE COMPANYpremiums n/a · 35 covered
Brokers & agents paid · 20255
MARSH & MCLENNAN AGENCY LLC$30,556 · incl $1,248 fees
ITEM III TRUST U/W DAVID A SAVULA$33
2 individual agents · names withheld$338

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 Marsh McLennan Agency5
Rme LTD. LLC CO$10,578,643

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 460208038 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.