The Farmers Bankbenefits
The Farmers Bank Long Term Income Protection Plan · FRANKFORT, IN · plan year 2025
Broker compensation reported · 2025
$8,710
The Farmers Bank's benefits plans covered 142 active participants in 2025, providing long-term disability. Insurance brokers and agents were paid $8,710 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $61 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 45% from $15,920 in 2024.
Insurance contracts · 20253
SUN LIFE AND HEALTH INSURANCE COMPANY (U.S) · ltdpremiums n/a · 111 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 142 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 142 covered
Brokers & agents paid · 20251
ERTEL & COMPANY, INC.$8,710
Also brokered by Ertel & Company, Inc.3
Fcn Bank IN$7,880
Jacobi Sales, Inc. IN$7,563
United Consulting Engineers, Inc. IN$5,620
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 350302320 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.