Plan Ledger DOL Form 5500 · updated monthly

Community Bank and Trustbenefits

Community Bank and Trust Wrap Plan · WACO, TX · plan year 2024

Broker compensation reported · 2024
$75,896

Community Bank and Trust's benefits plans covered 102 active participants in 2024, providing health · life · dental · long-term disability · other. Insurance brokers and agents were paid $75,896 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $744 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 13% from $67,200 in 2023.

Insurance contracts · 20243
HEALTH CARE SERVICE CORPORATION · health dentalpremiums n/a · 131 covered
DEARBORN LIFE INSURANCE COMPANY · life ltdpremiums n/a · 102 covered
PORVIDENT LIFE AND ACCIDENT INSURANCE COMPANYpremiums n/a · 20 covered
Brokers & agents paid · 20241
HIGGINBOTHAM INSURANCE AGENCY, INC$75,896 · incl $7,894 fees
Also brokered by Higginbotham Insurance Agency, Inc5
Dixieco, LLC TX$275,985

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 741165349 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.