Form 5500 · Employee benefit plan · BANCROFT, IA
BANCROFT IMPLEMENT, INC.
BANCROFT IMPLEMENT, INC. of BANCROFT, IA spreads its employee benefits across 4 insurance carriers, according to its Form 5500 Schedule A. Its broker of record is PDCM. Coverage is written through WELLMARK BLUE CROSS AND BLUE SHIELD OF IOWA and 3 other carriers. The plan's most recent policy period ended in December.
Sourced from U.S. DOL EFAST2 Form 5500 · EIN 42-0959376 · plan 501 · as of Aug 2026
Plan brief
Schedule A lists 5 insured contracts covering health, dental, vision and life; the largest, with WELLMARK BLUE CROSS AND BLUE SHIELD OF IOWA, covers 118 people.
Reported premium across the insured contracts is $1,539,311, with $76,153 in disclosed broker commissions — about 4.9% of premium.
The health contract's policy period ended in December, while at least one ancillary line renews in February — the plan is on a split renewal cycle.
PDCM is the broker of record on 1 of the 5 contracts; the rest name a different broker or none.
4 carriers appear on the filing — WELLMARK BLUE CROSS AND BLUE SHIELD OF IOWA, DELTA DENTAL OF IOWA, UNITED OF OMAHA LIFE INSURANCE COMPANY and METROPOLITAN LIFE INSURANCE COMPANY — with WELLMARK BLUE CROSS AND BLUE SHIELD OF IOWA writing the largest contract by premium.
Schedule A insurance contracts
| Carrier | Benefits | Covered | Renews | Premium | Commission |
|---|---|---|---|---|---|
| WELLMARK BLUE CROSS AND BLUE SHIELD OF IOWA | Health | 118 | December | $1,412,267 | $66,134 |
| UNITED OF OMAHA LIFE INSURANCE COMPANY | Life | 100 | February | $46,739 | $6,007 |
| DELTA DENTAL OF IOWA | Dental | 96 | December | $62,216 | $3,744 |
| UNITED OF OMAHA LIFE INSURANCE COMPANY | Life | 157 | February | $2,671 | $268 |
| METROPOLITAN LIFE INSURANCE COMPANY | Vision | 89 | December | $15,418 | $0 |
More employer plans in Iowa — largest plans, brokers, carriers and renewal months.