Plan Ledger DOL Form 5500 · updated monthly

Midamerica National Bankbenefits

Midamerica National Bank Employee Benefits Plan · CANTON, IL · plan year 2025

Broker compensation reported · 2025
$101,021

Midamerica National Bank's benefits plans covered 121 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $95,767. Insurance brokers and agents were paid $101,021 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 105.5% of premiums. That is $835 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 13% from $89,489 in 2024.

Insurance contracts · 20256
STANDARD INSURANCE COMPANY · ltd$51K · 121 covered
STANDARD INSURANCE COMPANY · life$45K · 121 covered
BLUE CROSS BLUE SHIELD OF ILLINOIS · healthpremiums n/a · 123 covered
EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA · dental vision ppopremiums n/a · 101 covered
STANDARD INSURANCE COMPANY · visionpremiums n/a · 91 covered
STANDARD INSURANCE COMPANYpremiums n/a · 31 covered
Brokers & agents paid · 20254
ASSUREDPARTNERS GREAT PLAINS$51,697 · incl $653 fees
BHERD, LLC$7,949 · incl $7,949 fees
ASSUREDPARTNERS GREAT PLAINS, LLC$36,560 · incl $3,445 fees
BHERD$4,815 · incl $4,815 fees
Also brokered by Assuredpartners Great Plains5

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 370435170 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.