Plan Ledger DOL Form 5500 · updated monthly

Northpointe Bankbenefits

Northpointe Bank Health and Welfare Plan · GRAND RAPIDS, MI · plan year 2025

Broker compensation reported · 2025
$59,751

Northpointe Bank's benefits plans covered 380 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $42,627. Insurance brokers and agents were paid $59,751 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 140.2% of premiums. That is $157 per covered person, below the median for employer plans that report broker pay. Broker pay fell 7.8% from $64,771 in 2024.

Insurance contracts · 20253
BLUE CROSS BLUE SHIELD OF MICHIGAN · vision$43K · 745 covered
CONTINENTAL AMERICAN INSURANCE COMPANYpremiums n/a · 167 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life ltdpremiums n/a · 477 covered
Brokers & agents paid · 20253
ADVANTAGE BENEFITS GROUP, INC.$53,529 · incl $18,129 fees
JUDITH D. DADD$4,686
BETH W. WIERENGA$1,536
Also brokered by Advantage Benefits Group, Inc.5

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 383448372 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.