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Form 5500 · Employee benefit plan · JAMESTOWN, ND

FARMERS UNION SERVICE ASSOCIATION, LTD.

The filing calls this plan FARMERS UNION SERVICE ASSOCIATION PLAN.

Public Form 5500 records show how FARMERS UNION SERVICE ASSOCIATION, LTD. of JAMESTOWN, ND, a finance and insurance employer, structures its employee benefits. Its broker of record is FARMERS UNION SERVICE ASSOCIATION. Coverage is written through UNUM LIFE INSURANCE COMPANY OF AMERICA. The plan's most recent policy period ended in December.

Benefits broker of record
Policy year ends
Decemberas filed for plan year 2023

Sourced from U.S. DOL EFAST2 Form 5500 · EIN 45-0133342 · plan 501 · plan year 2023, filed Jun 24, 2024

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How this plan is funded

Funding not settled by the filing

The filing does not report enough to settle how this plan pays for benefits.

All participants at the start of the year
139
Active at start of year
139
Active at end of year
138
Disclosed commissions
$22,752
Typical renewal
January 1

Benefits declared on this filing

Healthnot declared on this filing
Dentalnot declared on this filing
Visionnot declared on this filing
Lifeinsured — UNUM LIFE INSURANCE COMPANY OF AMERICA138 of 139 participants (99%)
Disabilityinsured — UNUM LIFE INSURANCE COMPANY OF AMERICA138 of 139 participants (99%)

Declared benefits are the plan’s own line 8b codes on Form 5500. “Not on Schedule A” means no insured contract for that line appears on this filing. That usually means the benefit is self-funded, or it sits under a different plan number.

Persons covered is the count the carrier filed for that policy at the end of its policy year, and it can include dependents. Participants is the plan's own count at the start of its plan year. The two count different people, so a covered figure can be larger.

Plan brief

Schedule A lists 1 insured contract covering life and disability; the largest, with UNUM LIFE INSURANCE COMPANY OF AMERICA, covers 138 people.

Reported premium across the insured contracts is $158,817, with $22,752 in disclosed broker commissions — about 14% of premium.

The most recent policy period ended in December, and the plan year ends December 31. Group contracts typically renew on that annual cycle.

Schedule A insurance contracts

CarrierBenefitsCoveredRenewsPremiumCommission
UNUM LIFE INSURANCE COMPANY OF AMERICALife, Disability138Jan 1, 2024$158,817$22,752

Covered = persons covered at policy year end, as filed on Schedule A for that policy — often certificates or one class, not the whole plan. Premium = the filing’s own premium/charges figure; “—” means not credibly reported.

See the filing at the Department of Labor

Administrator and service providers

Plan administrator on the filing
FARMERS UNION SERVICE ASSOCIATION, LTD.
EIN 45-0133342

The plan administrator is from line 3a of the main form. We publish company names only.

Other plans filed by this employer

How this plan compares

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