First Community Bankbenefits
First Community Bank Cafeteria Plan · LEXINGTON, SC · plan year 2025
First Community Bank's benefits plans covered 259 active participants in 2025, providing health · vision · life · short-term disability · long-term disability · other · dental. Insurance premiums totaled $2,132,396. Insurance brokers and agents were paid $136,385 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.4% of premiums. That is $527 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 13% from $120,258 in 2024.
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 2025, EIN 571030051 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.