First State Bankbenefits
First State Bank Welfare Benefit Plan · MENDOTA, IL · plan year 2025
Broker compensation reported · 2025
$168,988
First State Bank's benefits plans covered 208 active participants in 2025, providing health · life · dental · vision · long-term disability · death benefits. Insurance brokers and agents were paid $168,988 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $812 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 35% from $125,475 in 2024.
Insurance contracts · 20254
HEALTH CARE SERVICE CORPORATION · health dentalpremiums n/a · 375 covered
HARTFORD LIFE AND ACCIDENT INSURANCE COpremiums n/a · 204 covered
STANDARD INSURANCE COMPANY · visionpremiums n/a · 207 covered
DEARBORN LIFE INSURANCE COMPANY · life ltdpremiums n/a · 203 covered
Brokers & agents paid · 20254
BENEFIT PLANNING ASSOC, INC$124,825 · incl $6,517 fees
BPA TROXELL BENEFITS LLC$36,029 · incl $7,087 fees
MARK TELLKAMP$7,444
FIRST STATE INSURANCE$690
Why are you looking at this plan?
More
Source: DOL Form 5500 Schedule A, plan year 2025, EIN 361465165 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.