American Bank Holding Corporationbenefits
American Bank Holding Corp. Employee Benefit Plan · CORPUS CHRISTI, TX · plan year 2024
American Bank Holding Corporation's benefits plans covered 319 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $2,852,552. Insurance brokers and agents were paid $166,136 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.8% of premiums. That is $521 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 118% from $76,227 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 742710393 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.