Plan Ledger DOL Form 5500 · updated monthly

Timberland Bankbenefits

Timberland Bank Hra · HOQUIAM, WA · plan year 2025

Broker compensation reported · 2025
$19,655

Timberland Bank's benefits plans covered 276 active participants in 2025, providing health · life · long-term disability · death benefits. Insurance brokers and agents were paid $19,655 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $71 per covered person, below the median for employer plans that report broker pay. Broker pay fell 5.0% from $20,696 in 2024.

Insurance contracts · 20251
HARTFORD LIFE AND ACCIDENT · life ltdpremiums n/a · 276 covered
Brokers & agents paid · 20251
BROWN & BROWN INS SERVICES, INC.$19,655 · incl $2,187 fees
Also brokered by Brown & Brown5
Mayo Clinic MN$2,113,920
Srm Concrete, LLC TN$1,393,063

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 910260220 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.