Plan Ledger DOL Form 5500 · updated monthly

State Bankshares, Inc. dba Bell Bankbenefits

State Bankshares, Inc. dba Bell Bank · FARGO, ND · plan year 2025

Broker compensation reported · 2025
$1,928,205

State Bankshares, Inc. dba Bell Bank's benefits plans covered 1,852 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability. Insurance brokers and agents were paid $1,928,205 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,041 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 1.5% from $1,899,663 in 2024.

Insurance contracts · 20253
BLUE CROSS BLUE SHIELD OF NORTH DAKOTA · health dentalpremiums n/a · 3,558 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · life std ltdpremiums n/a · 1,878 covered
XP HEALTH, INC. · visionpremiums n/a · 2,394 covered
Brokers & agents paid · 20252
PRIME THERAPEUTICS$1,619,725 · incl $1,619,725 fees
BELL INSURANCE SERVICES LLC$308,480 · incl $61,821 fees

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 450412162 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.