Plan Ledger DOL Form 5500 · updated monthly

First Premier Bankbenefits

First Premier Benefits Plan · SIOUX FALLS, SD · plan year 2024

Broker compensation reported · 2024
$426,687

First Premier Bank's benefits plans covered 1,663 active participants in 2024, providing short-term disability · health · dental · life · vision · long-term disability. Insurance brokers and agents were paid $426,687 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $257 per covered person, above the median for employer plans that report broker pay. Broker pay fell 0.6% from $429,072 in 2023.

Insurance contracts · 20245
UNUM LIFE INSURANCE COMPANY OF AMERICA · healthpremiums n/a · 569 covered
DELTA DENTAL OF SOUTH DAKOTA · dentalpremiums n/a · 4,130 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 1,684 covered
FIDELITY SECURITY LIFE INSURANCE CO · visionpremiums n/a · 4,044 covered
SANFORD HEALTH PLAN · healthpremiums n/a · 2,867 covered
Brokers & agents paid · 20242
RISTY BENEFITS INC$21,441
Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 460119480 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.