The Citizens National Bank of Blufftonbenefits
The Citizens National Bank Employee Benefits Plan · BLUFFTON, OH · plan year 2024
The Citizens National Bank of Bluffton's benefits plans covered 155 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $46,375. Insurance brokers and agents were paid $66,652 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 143.7% of premiums. That is $430 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 11% from $59,931 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 344205025 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.