Cbl State Savings Bankbenefits
South Carolina Bankers Employee Benefit Trust · GREER, SC · plan year 2024
Cbl State Savings Bank's benefits plans covered 18 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $217,221. Insurance brokers and agents were paid $4,189 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.9% of premiums. That is $233 per covered person, above the median for employer plans that report broker pay. Broker pay fell 1.4% from $4,249 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 570140540 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.