Westfield Bankbenefits
The Westfield Bank Group Benefits Plan · SEVILLE, OH · plan year 2025
Broker compensation reported · 2025
$78,446
Westfield Bank's benefits plans covered 0 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $2,518,878. Insurance brokers and agents were paid $78,446 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.1% of premiums. Broker pay rose 20% from $65,498 in 2024.
Insurance contracts · 20255
MEDICAL MUTUAL · health drug$2.4M · 150 covered
MEDICAL MUTUAL · dental$114K · 156 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 159 covered
VISION SERVICE PLAN · visionpremiums n/a · 131 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 89 covered
Brokers & agents paid · 20253
THE JAMES B. OSWALD COMPANY$42,193 · incl $36,359 fees
THE JAMES B OSWALD COMPANY$28,375 · incl $4,739 fees
CENTRO BENEFITS RESEARCH LLC$7,878 · incl $7,878 fees
Also brokered by The James B. Oswald Company5
Nexamotion Group OH$133,290
Rittal LLC OH$110,131
McDonald Hopkins LLC OH$84,722
The Morning Consult LLC DC$70,595
Goken America LLC OH$65,917
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 770633192 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.