Plan Ledger DOL Form 5500 · updated monthly

West Bancorporation, Inc.benefits

West Bancorporation Inc. Cafeteria Plan · WEST DES MOINES, IA · plan year 2025

Broker compensation reported · 2025
$13,516

West Bancorporation, Inc.'s benefits plans covered 177 active participants in 2025, providing health. Insurance brokers and agents were paid $13,516 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 rose 27% from $10,683 in 2024.

Insurance contracts · 20252
FIDELITY SECURITY LIFE · visionpremiums n/a · 105 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · std ltdpremiums n/a · 179 covered
Brokers & agents paid · 20253
ASSUREDPARTNERS GREAT PLAINS$7,079
BHERD$4,129 · incl $4,129 fees
IA BANKERS INSURANCE & SERVICES INC$2,308
Also brokered by Assuredpartners Great Plains5

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2025, EIN 421230603 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.