Sterling Federal Bank F.S.B.benefits
Sterling Federal Bank · STERLING, IL · plan year 2024
Broker compensation reported · 2024
$64,634
Sterling Federal Bank F.S.B.'s benefits plans covered 101 active participants in 2024, providing health · life · dental · long-term disability · other. Insurance brokers and agents were paid $64,634 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $640 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 28% from $50,428 in 2023.
Insurance contracts · 20242
RELIANCE STANDARD LIFE INSURANCE COMPANY · life ltdpremiums n/a · 108 covered
HEALTH CARE SERVICE CORPORATION · health drug dentalpremiums n/a · 141 covered
Brokers & agents paid · 20242
COTTINGHAM AND BUTLER INS SERVICES$54,036 · incl $4,546 fees
DIGITAL INSURANCE, INC.$10,598
Also brokered by Cottingham and Butler Ins Services5
Groendyke Transport, Inc. OK$111,106
Rjw Logistics Group Inc. IL$107,934
Mr. Bult's Inc. IL$101,568
Aim Leasing Company OH$55,801
United Petroleum Transport, Inc. OK$53,674
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 361824695 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.