Plan Ledger DOL Form 5500 · updated monthly

Forstrom Bancorporation Inc.benefits

Forstrom Bancorporation Inc. Medical Plan · CLARA CITY, MN · plan year 2024

Broker compensation reported · 2024
$29,311

Forstrom Bancorporation Inc.'s benefits plans covered 141 active participants in 2024, providing health. Insurance brokers and agents were paid $29,311 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $208 per covered person, above the median for employer plans that report broker pay. Broker pay fell 53% from $62,478 in 2023.

Insurance contracts · 20241
UNITED OF OMAHA LIFE INSURANCE COMPANY · dental life ltdpremiums n/a · 202 covered
Brokers & agents paid · 20241
LECLAIR CORPORATION$29,311 · incl $9,908 fees
Also brokered by Leclair Corporation2

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 411452688 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.