Plan Ledger DOL Form 5500 · updated monthly

Gateway First Bankbenefits

Gateway First Bank Welfare Benefit Plan · JENKS, OK · plan year 2025

Broker compensation reported · 2025
$131,716

Gateway First Bank's benefits plans covered 635 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $131,716 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $207 per covered person, above the median for employer plans that report broker pay. Broker pay rose 6.2% from $124,018 in 2024.

Insurance contracts · 20255
METROPOLITAN LIFE INSURANCE COMPANY · dentalpremiums n/a · 1,100 covered
MAGELLAN HEALTHCAREpremiums n/a · 635 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life ltdpremiums n/a · 587 covered
AMERICAN HERITAGE LIFE INSURANCE COMPANYpremiums n/a · 179 covered
Brokers & agents paid · 20254
GIS BENEFITS, INC.$32,258 · incl $32,258 fees
FLEXPLAN ADMINISTRATORS, INC.$24,031
GALLAGHER BENEFIT SERVICES, INC.$25,875 · incl $16,816 fees
SUMMIT FINANCIAL GROUP, INC.$49,552 · incl $31,181 fees
Also brokered by Gis Benefits, Inc.5

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2025, EIN 731577221 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.