Western State Agency Incbenefits
Western State Bank Benefit Plan · DEVILS LAKE, ND · plan year 2025
Western State Agency Inc's benefits plans covered 282 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $298,723. Insurance brokers and agents were paid $64,259 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 21.5% of premiums. That is $228 per covered person, above the median for employer plans that report broker pay. Broker pay rose 16% from $55,196 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 456016570 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.