Plan Ledger DOL Form 5500 · updated monthly

Forward Bankbenefits

Forward Bank Health & Welfare Benefit Plan · MARSHFIELD, WI · plan year 2025

Broker compensation reported · 2025
$70,414

Forward Bank's benefits plans covered 211 active participants in 2025, providing health · life · dental · short-term disability · long-term disability · other · vision. Insurance premiums totaled $2,283,668. Insurance brokers and agents were paid $70,414 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.1% of premiums. That is $334 per covered person, above the median for employer plans that report broker pay. Broker pay rose 3.0% from $68,339 in 2024.

Insurance contracts · 20256
SECURITY HEALTH PLAN OF WISCONSIN, INC. · health drug hmo$1.2M · 177 covered
SECURITY HEALTH PLAN OF WISCONSIN, INC. · health drug hmo$873K · 159 covered
DELTA DENTAL OF WISCONSIN · dental$133K · 157 covered
SECURITY HEALTH PLAN OF WISCONSIN, INC. · health drug hmo$127K · 16 covered
WYSSTA INSURANCE COMPANY INC · visionpremiums n/a · 145 covered
PRINCIPAL LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 555 covered
Brokers & agents paid · 20253
SPECTRUM BENEFITS SOLUTIONS OF CW$45,780
SPECTRUM BENEFIT SOLUTIONS$7,418
SPECTRUM BENEFIT SOLUTIONS OF CW$17,216

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2025, EIN 390452950 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.