First State Bank of Middleburybenefits
First State Bank of Middlebury Welfare Benefit Plan · MIDDLEBURY, IN · plan year 2025
First State Bank of Middlebury's benefits plans covered 104 active participants in 2025, providing life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $48,224. Insurance brokers and agents were paid $21,245 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 44.1% of premiums. That is $204 per covered person, above the median for employer plans that report broker pay. Broker pay rose 0.7% from $21,097 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 350310540 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.