Plan Ledger DOL Form 5500 · updated monthly

Security Bancshares Companybenefits

Security Bancshares Company Employee Benefits Plan · WAYZATA, MN · plan year 2023

Broker compensation reported · 2023
$29,278

Security Bancshares Company's benefits plan covered 150 active participants in 2023, providing health · life · dental · vision. Insurance brokers and agents were paid $29,278 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $195 per covered person, above the median for employer plans that report broker pay.

Insurance contracts · 20234
BLUE CROSS AND BLUE SHIELD OF MINNESOTA · healthpremiums n/a · 157 covered
DELTA DENTAL OF MINNESOTA · dentalpremiums n/a
EYEMED VISION CARE · visionpremiums n/a · 108 covered
DELTA DENTAL OF MINNESOTA · dentalpremiums n/a
Brokers & agents paid · 20235
FLAGSHIP INSURANCE SERVICES INC$27,660
FLAGSHIP INSURANCE SERVICES$759
FLAGSHIP INSURANCE SERVICES, INC$359
FLAGSHIP INSURANCE SERVICES, INC.$121
Individual agent · names withheld$379

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 Flagship Insurance Services Inc5

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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 410531690 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.