First State Financial Corporationbenefits
First State Bank Health and Welfare Plan · SAINT CLAIR SHORES, MI · plan year 2024
First State Financial Corporation's benefits plans covered 139 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $2,093,207. Insurance brokers and agents were paid $86,106 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.1% of premiums. That is $619 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 33% from $128,470 in 2023.
Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 380541400 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.