Plan Ledger DOL Form 5500 · updated monthly

International Finance Bankbenefits

International Finance Bank Health and Welfare Plan · MIAMI, FL · plan year 2023

Broker compensation reported · 2023
$73,142

International Finance Bank's benefits plan covered 105 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $73,142 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $697 per covered person, in the top 10% of employer plans that report broker pay.

Insurance contracts · 20233
UNITEDHEALTHCARE INSURANCE COMPANY · health drug dental vision hmo ppopremiums n/a · 167 covered
SUN LIFE ASSURANCE COMPANY OF CANADApremiums n/a · 5 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · life std ltdpremiums n/a · 105 covered
Brokers & agents paid · 20231
LOCKTON COMPANIES, LLC$73,142 · incl $50,895 fees
Also brokered by Lockton5
Banner Health AZ$2,557,307

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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 592327185 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.