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