Plan Ledger DOL Form 5500 · updated monthly

Banksouthbenefits

Banksouth Life and Disability Welfare Plan · GREENSBORO, GA · plan year 2024

Broker compensation reported · 2024
$15,962

Banksouth's benefits plans covered 151 active participants in 2024, providing life · short-term disability · long-term disability · other. Insurance brokers and agents were paid $15,962 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $106 per covered person, below the median for employer plans that report broker pay. Broker pay fell 28% from $22,075 in 2023.

Insurance contracts · 20242
BLUE CROSS BLUE SHIELD HEALTHCARE PLAN OF GEORGIA · visionpremiums n/a · 213 covered
AMERICAN UNITED LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 151 covered
Brokers & agents paid · 20241
POINTENORTH INSURANCE GROUP$15,962 · incl $92 fees
Also brokered by Pointenorth Insurance Group3

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 582267017 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.