First Security Bancorpbenefits
First Security Bancorp Welfare Benefit Plan · SEARCY, AR · plan year 2025
First Security Bancorp's benefits plans covered 829 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $381,190. Insurance brokers and agents were paid $128,620 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 33.7% of premiums. That is $155 per covered person, below the median for employer plans that report broker pay. Broker pay fell 3.1% from $132,694 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 710550492 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.