Plan Ledger DOL Form 5500 · updated monthly

First State Bankbenefits

First State Bank Group Term Life Insurance Plan · WEBSTER CITY, IA · plan year 2025

Broker compensation reported · 2025
$10,339

First State Bank's benefits plans covered 128 active participants in 2025, providing life. Insurance brokers and agents were paid $10,339 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $81 per covered person, below the median for employer plans that report broker pay. Broker pay rose 111% from $4,889 in 2024.

Insurance contracts · 20251
METROPOLITAN LIFE INSURANCE COMPANY · lifepremiums n/a · 715 covered
Brokers & agents paid · 20251
TOWN & COUNTRY INSURANCE$10,339

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 420253640 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.