Midcountry Bankbenefits
Midcountry Bank Wrap Plan · BLOOMINGTON, MN · plan year 2025
Broker compensation reported · 2025
$46,457
Midcountry Bank's benefits plans covered 117 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $46,457 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $397 per covered person, above the median for employer plans that report broker pay. Broker pay fell 22% from $59,386 in 2024.
Insurance contracts · 20253
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a · 187 covered
ZURICH AMERICAN INSURANCE COMPANYpremiums n/a · 156 covered
UNITEDHEALTHCARE INSURANCE COMPANY · health drug life std ltdpremiums n/a · 117 covered
Brokers & agents paid · 20254
BACKSTORY BENEFITS MINNESOTA, LLC$14,872
BACKSTORY BENEFITS MINNESOTA LLC$405
REUBEN WARNER ASSOCIATES, INC.$401 · incl $100 fees
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 410325766 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.