Equity Bank
Updated Filing received by DOL
Equity Bank, a finance & insurance employer in Wichita, Kansas, reported 762 participants in its health and welfare plan for plan year 2025. Its Form 5500 shows $142,720 in insurance premiums across 13 contracts and $101,569 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on July 24, 2026, before the deadline.
Who was paid on Equity Bank's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Equity Bank filed for 2025.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Eck Agency · Attica, KS | $46,356 | $0 | $46,356 | 1 |
| IMA Financial · Dallas, TX | $39,970 | $0 | $39,970 | 3 |
| Louis Barber · Germantown, TN | $7,678 | $0 | $7,678 | 1 |
| Watchtower Technologies Inc · Chicago, IL | $592 | $6,797 | $7,389 | 2 |
| Img · Indianapolis, IN | $0 | $176 | $176 | 1 |
Source: DOL Form 5500 Schedule A, Part I (broker commissions and fees), plan year 2025, as published in EBSA's 2025 "Latest" dataset. Part I names whoever the carrier paid, which can be a firm or an individual agent; both are public record. Amounts exclude pay from carriers not tied to a listed contract.
Insurance contracts and carriers
Every insurance contract reported on Schedule A: carrier, what it covers, people covered at year end, earned premium, and broker compensation.
| Carrier · coverage | Covered | Premium | Broker pay | Rate |
|---|---|---|---|---|
| Vision Service Planvision | 551 | $142,720 | $2,433 | 1.7% |
| Empaccoverage not coded | 859 | — | — | — |
| Manhattanlife Assurance Company of Americahealth | 453 | — | $54,034 | — |
| Prudential Insurance Company of Americacoverage not coded | 111 | — | — | — |
| Prudential Insurance Company of Americacoverage not coded | 833 | — | — | — |
| Prudential Insurance Company of Americacoverage not coded | 80 | — | — | — |
| Prudential Insurance Company of Americalife | 397 | — | — | — |
| Prudential Insurance Company of Americacoverage not coded | 72 | — | — | — |
| Prudential Insurance Company of Americalife | 833 | — | $45,102 | — |
| Prudential Insurance Company of Americalong-term disability | 833 | — | — | — |
| Prudential Insurance Company of Americalife | 206 | — | — | — |
| Prudential Insurance Company of Americalife | 100 | — | — | — |
| Prudential Insurance Company of Americalife | 118 | — | — | — |
Source: DOL Form 5500 Schedule A, plan year 2025. Self-funded medical coverage has no premium; amounts shown for it are stop-loss or administrative contracts.
How Equity Bank compares
Medians across employers for plan year 2024, the most recent complete year. Commission rates use fully insured medical contracts only; dollar medians use every employer that disclosed broker pay.
Not computable: no insured medical premium on the filing.
Source: BenefitsLedger benchmarks from 58,547 employer health plans with 100 or more participants, plan year 2024. Methodology.
Year over year
| 2024 | 2025 | Change | |
|---|---|---|---|
| Participants | 677 | 762 | +12.6% |
| Premiums filed | $0 | $142,720 | not comparable |
| Broker commissions + fees | $75,644 | $101,569 | +34.3% |
| Commission rate | — | — | — |
Source: DOL Form 5500 filings for plan years 2024 and 2025.
Filings and timeliness
Plans this employer filed under its EIN with a health benefit code. Large plans are due seven months after the plan year ends, or two and a half months later with an extension; amended filings carry the amendment date, so no timing is asserted for them.
| Plan | Plan year end | Received by DOL | Timing | Participants |
|---|---|---|---|---|
| Equity Bank Employee Benefits Plan#504 · insurance, general assets | December 31, 2025 | July 24, 2026 | before deadline | 762 |
Source: DOL Form 5500 Part I and signature dates; "late" means received after the extended deadline (the 15th day of the tenth month after plan year end). What a late Form 5500 costs.
How much did Equity Bank pay in health insurance broker commissions in 2025?
Equity Bank's 2025 Form 5500 reports $101,569 in broker commissions and fees across 13 insurance contracts ($94,596 in commissions, $6,973 in fees), with Eck Agency receiving the largest share.
Is Equity Bank's health plan self-funded or fully insured?
The 2025 filing indicates the plan is a mix of insured and self-funded coverage. Medical coverage is written by Manhattanlife Assurance Company of America.
How does Equity Bank's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Equity Bank because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 500-999 participants that disclosed broker pay reported a median of $104,902.
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Record built October 24, 2026 from U.S. Department of Labor, EBSA Form 5500 datasets (2025, 2024, 2023 plan years, 'Latest' files). Filings can run 7 to 10 months behind the plan year; always confirm against current plan documents. BenefitsLedger is not affiliated with the U.S. Department of Labor. Open the DOL filing search.