Plan Ledger DOL Form 5500 · updated monthly

The Merchants National Bankbenefits

Merchants National Bank Basic Life · HILLSBORO, OH · plan year 2024

Broker compensation reported · 2024
$6,235

The Merchants National Bank's benefits plans covered 0 active participants in 2024, providing life · death benefits. Insurance brokers and agents were paid $6,235 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. Broker pay fell 55% from $13,805 in 2023.

Insurance contracts · 20242
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 38 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 161 covered
Brokers & agents paid · 20241
USI INSURANCE SERVICES LLC$6,235 · incl $2,675 fees
Also brokered by Usi5
The Faison Center VA$1,640,677

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 310373340 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.