Gateway First Bank
Overview
Gateway First Bank sponsors a self-funded health plan that covered 635 participants in plan year 2025, down 7% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, short-term disability, and more.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 635 · prior year 679
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Gateway First Bank Welfare Benefit Plan, plan 501 (635 participants)
- Broker compensation
- $132K across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| United of Omaha Life Insurance Company | Life, Long-term disability | 587 | $549K | $108K |
| Metropolitan Life Insurance Company | Dental | 1,100 | $514K | $76 |
| American Heritage Life Insurance Company | Accident, Critical Illness, Cancer, Hosp | 179 | $158K | $24K |
| Eyemed Vision Care on Behalf of the Fidelity Security Life Ins. Co. | Vision | 994 | $66K | — |
| Magellan Healthcare | Employee Assistance Program | 635 | $11K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 635 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2025
- Plan sponsor
- Gateway First Bank
- Sponsor EIN
- 73-1577221
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 73-1577221 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Gateway First Bank 401(k) Retirement Plan
- Type
- 401(k) plan
- Participants
- 1,032
About this data
Source: Gateway First Bank's Form 5500 filing for plan year 2025 and its Schedule A insurance reports, published by the U.S. Department of Labor. "Self-funded" means the filing reports benefits paid from employer assets or a trust, with no medical insurance contract or with a stop-loss contract. Pharmacy figures are StreamRX estimates based on national averages. StreamRX is not affiliated with Gateway First Bank.