Plan Ledger DOL Form 5500 · updated monthly

First State Bankbenefits

First State Bank Employee Benefit Plan · GAINESVILLE, TX · plan year 2025

Broker compensation reported · 2025
$69,998

First State Bank's benefits plans covered 254 active participants in 2025, providing health · life · dental · vision · death benefits. Insurance brokers and agents were paid $69,998 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $276 per covered person, above the median for employer plans that report broker pay. Broker pay rose 15% from $60,751 in 2024.

Insurance contracts · 20254
VISION SERVICE PLAN · visionpremiums n/a · 172 covered
BERKSHIRE LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 7 covered
TOKIO MARINE · stop-losspremiums n/a · 254 covered
GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental life std ltdpremiums n/a · 283 covered
Brokers & agents paid · 20254
ACRISURE LTEXAS RISK ADVISORS & INS$65,592 · incl $16,796 fees
SECURA CONSULTANTS, LLC$2,247
Also brokered by Acrisure5

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 750270410 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.