Plan Ledger DOL Form 5500 · updated monthly

Superior National Bank & Trust Companybenefits

Superior National Bank Wrap Plan · HANCOCK, MI · plan year 2023

Broker compensation reported · 2023
$11,839

Superior National Bank & Trust Company's benefits plan covered 124 active participants in 2023, providing health · life · vision · short-term disability · long-term disability · other. Insurance premiums totaled $879,878. Insurance brokers and agents were paid $11,839 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.3% of premiums. That is $95 per covered person, below the median for employer plans that report broker pay.

Insurance contracts · 20236
BLUE CROSS BLUE SHIELD OF MICHIGAN · health$870K · 193 covered
VISION SERVICE PLAN · vision$10K · 70 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · ltdpremiums n/a · 124 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · stdpremiums n/a · 93 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 96 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 96 covered
Brokers & agents paid · 20232
MICHIGAN PLANNERS INC.$9,472 · incl $636 fees
MICHIGAN PLANNERS INC$2,367 · incl $575 fees
Also brokered by Michigan Planners Inc.5
Trescal, Inc. MI$59,811

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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 381084525 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.