Coverage by line
Premium dollars by benefit type (bundled lines overlap)
- Health$1.5M
- Dental$1.5M
- Prescription drug$1.5M
- Stop-loss$1.5M
- Life$49K
- Long-term disability$21K
- +3 more
Sponsor portfolioTH
FIRST AMERICAN BANK
EIN 85-0020635bankingLatest filing 2024
Plans
2
Retirement
1
$81.5M assets
Welfare
1
$1.6M premiums
Participants
585
303 W. MAIN STREET - ARTESIA, NM 882103719575-736-8936firstamericanbanknm.comLinkedIn201-500 employeesbanking
Plans on this EIN
2 filingsBenefits portfolio analytics
1 plan / $1.6M premiums / 229 covered livesCarrier market share
Premium dollars by Schedule A carrier
94%top
- BLUE CROSS OF CALIFORNIA94%
- LIFE INSURANCE COMPANY OF NORTH AMERICA5%
- VISION SERVICE PLAN1%
Broker market share
Schedule A broker compensation
100%top
- AON CONSULTING INC100%
Plan deep-dives
Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.Retirement#002
FIRST AMERICAN BANK 401(K) EMPLOYEE STOCK OWNERSHIP PLAN
ESOP
Assets$81.5M
Participants384
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#501
FIRST AMERICAN BANK WELFARE BENEFITS PLAN
Fully Insured - BLUECROSS BLUESHIELD OF NEW MEXICO
Premiums$1.6M
Covered lives229
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Retirement plans1
| Plan # | Name | Type | Assets | Participants | Latest year | |
|---|---|---|---|---|---|---|
| 002 | FIRST AMERICAN BANK 401(K) EMPLOYEE STOCK OWNERSHIP PLAN | ESOP | $81.5M | 384 | 2024 |
Welfare plans1
| Plan # | Name | Funding | Carrier | Premiums | Covered | Latest year | |
|---|---|---|---|---|---|---|---|
| 501 | FIRST AMERICAN BANK WELFARE BENEFITS PLAN | Fully Insured | BLUECROSS BLUESHIELD OF NEW MEXICO | $1.6M | 229 | 2024 |
Retirement plans
Welfare plans