Form 5500 · Employee benefit plan · WATFORD CITY, ND
FIRST INTERNATIONAL BANK & TRUST
FIRST INTERNATIONAL BANK & TRUST of WATFORD CITY, ND insures health, vision, life and disability coverage for its employees, per Schedule A of its Form 5500. Its broker of record is CUSTOM BENEFIT PROGRAMS INC. Coverage is written through METROPOLITAN LIFE INSURANCE COMPANY. The plan's most recent policy period ended in December.
Sourced from U.S. DOL EFAST2 Form 5500 · EIN 45-0134280 · plan 501 · as of Aug 2026
Plan brief
Schedule A lists 4 insured contracts covering health, vision, life and disability; the largest, with METROPOLITAN LIFE INSURANCE COMPANY, covers 996 people.
Reported premium across the insured contracts is $627,558, with $50,109 in disclosed broker commissions — about 8% 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.
CUSTOM BENEFIT PROGRAMS INC is the broker of record on 2 of the 4 contracts; the rest name a different broker or none.
Schedule A insurance contracts
| Carrier | Benefits | Covered | Renews | Premium | Commission |
|---|---|---|---|---|---|
| METROPOLITAN LIFE INSURANCE COMPANY | Vision, Life, Disability | 996 | December | $514,525 | $37,250 |
| METROPOLITAN LIFE INSURANCE COMPANY | Health | 95 | December | $36,016 | $6,318 |
| METROPOLITAN LIFE INSURANCE COMPANY | Health | 193 | December | $30,347 | $4,575 |
| METROPOLITAN LIFE INSURANCE COMPANY | Health | 186 | December | $46,670 | $1,966 |
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