Plan Ledger DOL Form 5500 · updated monthly

Hopkins Financial Corporationbenefits

Hopkins Financial Corporation dba Cortrust Bank · MITCHELL, SD · plan year 2025

Broker compensation reported · 2025
$36,657

Hopkins Financial Corporation's benefits plans covered 237 active participants in 2025, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $3,588,190. Insurance brokers and agents were paid $36,657 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.0% of premiums. That is $155 per covered person, below the median for employer plans that report broker pay. Broker pay rose 44% from $25,468 in 2024.

Insurance contracts · 202510
WELLMARK BLUE CROSS BLUE SHIELD OF SOUTH DAKOTA · health$3.0M · 237 covered
DELTA DENTAL OF SOUTH DAKOTA · dental$297K · 566 covered
NEW YORK LIFE$105K · 319 covered
NEW YORK LIFE · life$60K · 319 covered
VSP VISION CARE · vision$43K · 247 covered
NEW YORK LIFE · ltd$30K · 319 covered
NEW YORK LIFE$5K · 319 covered
Brokers & agents paid · 20251
MARSH & MCLENNAN AGENCY LLC$36,657 · incl $3,178 fees
Also brokered by Marsh McLennan Agency5
Rme LTD. LLC CO$10,578,643

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 460359163 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.