State Bankshares, Inc.benefits
State Bankshares, Inc. dba Bell Bank · FARGO, ND · plan year 2023
Broker compensation reported · 2023
$337,422
State Bankshares, Inc.'s benefits plan covered 1,917 active participants in 2023, providing health · life · dental · vision · long-term disability · other. Insurance brokers and agents were paid $337,422 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $176 per covered person, below the median for employer plans that report broker pay.
Insurance contracts · 20233
UNUM LIFE INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 1,804 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a · 1,932 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 391 covered
Brokers & agents paid · 20233
AZURANCE GROUP$294,284 · incl $294,284 fees
AZURANCE GROUP, INC.$26,961
DIRECT BENEFITS INC.$16,177
Also brokered by Azurance Group5
Blue Cross Blue Shield of North Dakota ND$452,709
Titan Machinery Inc. ND$185,797
Srt Communications, Inc. ND$65,400
Go Wireline LLC ND$40,140
Steffes LLC ND$34,717
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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 450412162 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.