Plan Ledger DOL Form 5500 · updated monthly

Falcon International Bankbenefits

Falcon International Bank Life Plan · LAREDO, TX · plan year 2024

Broker compensation reported · 2024
$60,236

Falcon International Bank's benefits plans covered 374 active participants in 2024, providing life. Insurance brokers and agents were paid $60,236 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $161 per covered person, below the median for employer plans that report broker pay. Broker pay fell 2.3% from $61,681 in 2023.

Insurance contracts · 20243
PRINCIPAL LIFE INSURANCE COMPANY · lifepremiums n/a · 677 covered
METROPOLITAN LIFE INSURANCE COMPANY · dental vision std ltdpremiums n/a · 343 covered
Brokers & agents paid · 202411
FALCONSURE INSURANCE SUBSIDIARY$20,264 · incl $10 fees
FALCONSURE, INC$14,912
ROGERS BENEFIT GROUP INC$10,136 · incl $1,690 fees
ROGERS BENEFIT GROUP, INC$5,955 · incl $5,955 fees
FALCONSURE INC$3,492
ESTHER K FIROVA$1,948
SA GENERAL AGENCY INC$545
HORIZON BENEFITS LLC$419
EMERSON ROGERS LLC$360 · incl $360 fees
GMFE GROUP LLC$10
14 individual agents · names withheld$2,195

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.

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 742382841 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.