First Option Bankbenefits
First Option Bank Employee Benefits Plan · PAOLA, KS · plan year 2024
Broker compensation reported · 2024
$6,264
First Option Bank's benefits plan covered 136 active participants in 2024, providing life · long-term disability · other. Insurance brokers and agents were paid $6,264 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $46 per covered person, in the bottom quarter of employer plans that report broker pay.
Insurance contracts · 20241
RELIANCE STANDARD LIFE INSURANCE COMPANY · life ltdpremiums n/a · 136 covered
Brokers & agents paid · 20242
BUKATY COMPANIES$4,585 · incl $557 fees
TECHSOURCE$1,679
Also brokered by Bukaty Companies5
Murphy-Hoffman Company KS$1,308,567
Skymark Buyer Corp MO$224,988
Mriglobal MO$206,070
Jbo Management, LLC KS$172,497
Rs, LLC KS$166,312
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 480359685 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.