Plan Ledger DOL Form 5500 · updated monthly

United Bankers' Bank, Inc.benefits

United Bankers' Bank, Inc. Welfare Benefit Plan · BLOOMINGTON, MN · plan year 2025

Broker compensation reported · 2025
$59,365

United Bankers' Bank, Inc.'s benefits plans covered 111 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $132,876. Insurance brokers and agents were paid $59,365 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 44.7% of premiums. That is $535 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 1.6% from $58,449 in 2024.

Insurance contracts · 20257
DELTA DENTAL OF MINNESOTA · dental$133K · 229 covered
UNITEDHEALTHCARE INSURANCE COMPANY · health drugpremiums n/a · 112 covered
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 22 covered
VISION SERVICE PLAN · visionpremiums n/a · 68 covered
ZURICH AMERICAN INSURANCE COMPANYpremiums n/a · 111 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · life ltdpremiums n/a · 111 covered
Brokers & agents paid · 20252
LOCKTON COMPANIES, LLC$58,323 · incl $1,927 fees
STEVEN BAKER$1,042
Also brokered by Lockton5
Banner Health AZ$3,486,058
Peraton, Inc. VA$2,031,509
Dollar Tree, Inc. VA$1,645,687

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 411254571 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.