Plan Ledger DOL Form 5500 · updated monthly

The Park Bankbenefits

The Park Bank Employee Benefits Plan · MADISON, WI · plan year 2025

Broker compensation reported · 2025
$11,413

The Park Bank's benefits plans covered 150 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $11,413 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $76 per covered person, below the median for employer plans that report broker pay. Broker pay fell 4.9% from $11,996 in 2024.

Insurance contracts · 20255
RELIANCE STANDARD LIFE INSURANCE COMPANY · stdpremiums n/a · 60 covered
QBE INS CORP - STEALTH PARTNER GROUP · stop-losspremiums n/a · 117 covered
WYSSTA INSURANCE COMPANY INC · visionpremiums n/a · 86 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · lifepremiums n/a · 177 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · ltdpremiums n/a · 177 covered
Brokers & agents paid · 20255
HAUSMANN GROUP, INC$9,741
HAUSMANN GROUP$1,053
NATIONAL BENEFIT CENTER$223 · incl $223 fees
BENEFIT ADVISORS NETWORK LLC$217 · incl $217 fees
BENEFIT ADVISORS NETWORK$179 · incl $179 fees
Also brokered by Hausmann Group, Inc5

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 391076859 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.