Plan Ledger DOL Form 5500 · updated monthly

Lakeside Bankbenefits

Lakeside Bank Welfare Plan · PARK RIDGE, IL · plan year 2025

Broker compensation reported · 2025
$157,716

Lakeside Bank's benefits plans covered 191 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability. Insurance brokers and agents were paid $157,716 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $826 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 143% from $65,009 in 2024.

Insurance contracts · 20252
BLUE CROSS BLUE SHIELD OF ILLINOIS · health drug hmo ppopremiums n/a · 330 covered
PRINCIPAL LIFE INSURANCE COMPANY · dental vision life std ltd ppopremiums n/a · 373 covered
Brokers & agents paid · 20251
TRUE NORTH COMPANIES, L.C.$157,716 · incl $11,140 fees
Also brokered by True North Companies, L.C.2

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 362583514 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.