First National Bank of Americabenefits
First National Bank of America · EAST LANSING, MI · plan year 2025
First National Bank of America's benefits plans covered 392 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $3,856,538. Insurance brokers and agents were paid $146,142 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.8% of premiums. That is $373 per covered person, above the median for employer plans that report broker pay. Broker pay rose 6.1% from $137,701 in 2024.
Why are you looking at this plan?
Source: DOL Form 5500 Schedule A, plan year 2025, EIN 381470765 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.