Plan Ledger DOL Form 5500 · updated monthly

Northrim Bankbenefits

Northrim Bank Welfare Benefit Plan · ANCHORAGE, AK · plan year 2024

Broker compensation reported · 2024
$72,643

Northrim Bank's benefits plans covered 474 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $72,643 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $153 per covered person, below the median for employer plans that report broker pay. Broker pay fell 29% from $101,688 in 2023.

Insurance contracts · 20244
COLONIAL LIFE AND ACCIDENT INSURANCE COMPANY · stdpremiums n/a · 20 covered
COLONIAL LIFE AND ACCIDENT INSURANCE COMPANY · stdpremiums n/a · 7 covered
PRUDENTIAL INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 479 covered
AETNA · visionpremiums n/a · 474 covered
Brokers & agents paid · 20247
CYRUS PINDER AND OTHER AGENTS$147 · incl $18 fees
IMI$104 · incl $104 fees
RSC INSURANCE BROKERAGE, INC.$69,671 · incl $2 fees
MEGAN E. CASTO AND OTHER AGENTS$45
5 individual agents · names withheld$1,188

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

Also brokered by Acrisure5
Acrisure LLC MI$829,246

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 920134436 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.