Stearns Financial Services, Inc.benefits
Stearns Financial Services, Inc. Health & Welfare Benefit Plan · SAINT CLOUD, MN · plan year 2025
Stearns Financial Services, Inc.'s benefits plans covered 469 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $239,428 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $511 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 14% from $210,094 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 411655119 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.