Plan Ledger DOL Form 5500 · updated monthly

State Bank of Southern Utahbenefits

State Bank of Southern Utah Cafeteria Plan · CEDAR CITY, UT · plan year 2025

Broker compensation reported · 2025
$23,267

State Bank of Southern Utah's benefits plans covered 283 active participants in 2025, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $2,246,420. Insurance brokers and agents were paid $23,267 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.0% of premiums. That is $82 per covered person, below the median for employer plans that report broker pay. Broker pay fell 71% from $81,216 in 2024.

Insurance contracts · 20253
MOTIVHEALTH INSURANCE COMPANY · health drug$2.2M · 638 covered
AMERICAN UNITED LIFE INSURANCE COMPANY · life ltdpremiums n/a · 283 covered
TOWN & COUNTRY LIFE INSURANCE COMPANY · dental visionpremiums n/a · 194 covered
Brokers & agents paid · 20253
MORETON AND COMPANY$15,004
FRED A. MORETON & COMPANY$4,958
ABSI$3,305
Also brokered by Moreton and Company4

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 870234702 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.