Plan Ledger DOL Form 5500 · updated monthly

First Reliance Bankbenefits

First Reliance Bank Welfare Benefits Plan · FLORENCE, SC · plan year 2025

Broker compensation reported · 2025
$47,591

First Reliance Bank's benefits plans covered 162 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $47,591 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $294 per covered person, above the median for employer plans that report broker pay. Broker pay fell 51% from $97,477 in 2024.

Insurance contracts · 20258
DELTA DENTAL OF MISSOURI · dentalpremiums n/a · 210 covered
DELTA DENTAL OF MISSOURI · visionpremiums n/a · 207 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · ltdpremiums n/a · 161 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 162 covered
UNITED OF OMAHA LIFE INSURANCE COMPANYpremiums n/a · 31 covered
UNITED OF OMAHA LIFE INSURANCE COMPANYpremiums n/a · 62 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 67 covered
Brokers & agents paid · 20254
FORUM BENEFITS INC$18,358 · incl $12,442 fees
ALERA GROUP, INC.$1,466 · incl $1,466 fees
ALERA GROUP, INC$276 · incl $276 fees
Also brokered by Marsh McLennan Agency5
Rme LTD. LLC CO$10,578,643

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2025, EIN 582463842 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.