First Federal Bank of Louisianabenefits
First Federal Bank of Louisiana · LAKE CHARLES, LA · plan year 2025
First Federal Bank of Louisiana's benefits plans covered 185 active participants in 2025, providing health · life · dental · vision · long-term disability. Insurance premiums totaled $2,054,769. Insurance brokers and agents were paid $150,817 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.3% of premiums. That is $815 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 2.0% from $147,902 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 720401264 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.