Citco Community Bancshares, Inc.benefits
Citco Community Bancshares, Inc. Employee Benefit Plan · ELIZABETHTON, TN · plan year 2025
Citco Community Bancshares, Inc.'s benefits plans covered 183 active participants in 2025, providing health · life · long-term disability · other · vision. Insurance premiums totaled $1,679,940. Insurance brokers and agents were paid $163,157 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.7% of premiums. That is $892 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 34% from $121,900 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 621580428 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.