Plan Ledger DOL Form 5500 · updated monthly

The First National Bank and Trust Companybenefits

The First National Bank and Trust Company of Miami Employees Beneficiary Association Trust · MIAMI, OK · plan year 2024

Broker compensation reported · 2024
$23,418

The First National Bank and Trust Company's benefits plans covered 29 active participants in 2024, providing health · life · dental · other. Insurance brokers and agents were paid $23,418 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $808 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 7.4% from $21,810 in 2023.

Insurance contracts · 20242
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 29 covered
EVEREST REINSURANCE COMPANY · drug stop-losspremiums n/a · 35 covered
Brokers & agents paid · 20243
BENEFIT MANAGEMENT, INC.$21,069 · incl $7,488 fees
PREFERRED COMMUNITY CHOICE$2,168 · incl $2,168 fees
BENEFIT MANAGEMENT CONSULTANTS$181

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 730241540 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.