Welfare Plan of Cb&S Bank · RUSSELLVILLE, AL · plan year 2024
Broker compensation reported · 2024
$88,162
Cb & S Bank's benefits plans covered 689 active participants in 2024, providing health · life · long-term disability · dental · vision. Insurance brokers and agents were paid $88,162 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $128 per covered person, below the median for employer plans that report broker pay. Broker pay rose 29% from $68,376 in 2023.
Insurance contracts · 20245
AFLAC · stdpremiums n/a· 120 covered
LIBERTY NATIONAL LIFE INSURANCE COMPANYpremiums n/a· 4 covered
COMPANION LIFEpremiums n/a· 374 covered
COLONIAL LIFE & ACCIDENT INSURANCE COMPANYpremiums n/a· 12 covered
EQUITABLEpremiums n/a· 525 covered
Brokers & agents paid · 202421
COMMUNITY INSURANCE$52,463
GIS BENEFITS INC$16,179 · incl $16,179 fees
JOSEPH N MCBRIDE$3,847
MICHAEL F HUNTER$3,674 · incl $482 fees
HIGGINBOTHAM INSURANCE AGENCY$1,155
SAIC INC$976
CB&S FINANCIAL SERVICES$620
BYARS-WRIGHT INC$573
PROVIDENCE BENEFITS LLC$518
R AND L SUPPLEMENTAL BENEFITS INC$328
BENEFITS FIRST LLC$225
SIMMONS FIRST INSURANCE SERVICES$106
FINANCIAL PRODUCTS AND SERVICES INC$44
BENEFIT ENROLLMENT SERVICES INC$21
SIMMONS FIRST INS SVCS OF TN LLC$19
CHAMCO LLC$12
M & F INSURANCE GROUP INC/TUPELO$6
J STAN ALLEN INC$5
LVI BENEFITS LLC$1
D P SMITH$1
84 individual agents · names withheld$7,389
Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.