Mid Penn Bankbenefits
Mid Penn Bank Group Benefits Plan · MILLERSBURG, PA · plan year 2024
Broker compensation reported · 2024
$7,475
Mid Penn Bank's benefits plans covered 656 active participants in 2024, providing life · dental · long-term disability · other · vision. Insurance brokers and agents were paid $7,475 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $11 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 74% from $28,952 in 2023.
Insurance contracts · 20244
UNUM LIFE INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 660 covered
STARMOUNT LIFE INSURANCE COMPANY · dental visionpremiums n/a · 578 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 113 covered
OPTUM HEALTH UNIMERICA INSURANCE COMPANY · stop-losspremiums n/a · 530 covered
Brokers & agents paid · 20242
MPB RISK SERVICES, LLC$7,253
MPB RISK SERVICES$222
Also brokered by Mpb Risk Services, LLC3
Higher Information Group, LLC PA$5,192
Bortek Industries, Inc PA$2,750
Capozzi Adler, P.C. PA$1,392
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 230880270 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.