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
Black River Health, Inc WI$74,042
Midamerica National Bank IL$51,697
Ora Orthopedics, P.C. IA$44,664
Prairie Ridge Health Inc WI$29,579
Vermeer Manufacturing Company IA$25,000
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 421230603 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.