Plan Ledger DOL Form 5500 · updated monthly

Midland States Bank Inc.benefits

Midland States Bank Health and Welfare Plan · EFFINGHAM, IL · plan year 2025

Broker compensation reported · 2025
$74,519

Midland States Bank Inc.'s benefits plans covered 862 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $74,519 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $86 per covered person, below the median for employer plans that report broker pay. Broker pay rose 43% from $52,102 in 2024.

Insurance contracts · 20253
HARTFORD LIFE AND ACCIDENT · life std ltdpremiums n/a · 885 covered
BLUECROSS BLUESHIELD OF ILLINOIS · dentalpremiums n/a · 1,198 covered
DEARBORN LIFE INSURANCE COMPANY · visionpremiums n/a · 586 covered
Brokers & agents paid · 20251
LOCKTON COMPANIES, LLC$74,519 · incl $53,389 fees
Also brokered by Lockton5
Banner Health AZ$3,486,058
Peraton, Inc. VA$2,031,509
Dollar Tree, Inc. VA$1,645,687

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 370259550 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.