Plan Ledger DOL Form 5500 · updated monthly

First International Bank & Trustbenefits

First International Bank & Trust Group Benefit Plan · WATFORD CITY, ND · plan year 2024

Broker compensation reported · 2024
$57,202

First International Bank & Trust's benefits plans covered 600 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $57,202 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $95 per covered person, below the median for employer plans that report broker pay. Broker pay fell 2.4% from $58,613 in 2023.

Insurance contracts · 20244
METROPOLITAN LIFE INSURANCE COMPANY · healthpremiums n/a · 193 covered
METROPOLITAN LIFE INSURANCE COMPANY · vision life std ltdpremiums n/a · 996 covered
METROPOLITAN LIFE INSURANCE COMPANY · healthpremiums n/a · 186 covered
METROPOLITAN LIFE INSURANCE COMPANY · healthpremiums n/a · 95 covered
Brokers & agents paid · 20242
FIRST INTERNATIONAL BANK & TRUST$20,279
CUSTOM BENEFIT PROGRAMS INC.$36,923 · incl $7,093 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 450134280 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.