Plan Ledger DOL Form 5500 · updated monthly

Hometrust Bankbenefits

Hometrust Bank Health & Welfare Plan · CHARLOTTE, NC · plan year 2024

Broker compensation reported · 2024
$240,698

Hometrust Bank's benefits plans covered 1,075 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $240,698 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $224 per covered person, above the median for employer plans that report broker pay. Broker pay fell 7.8% from $260,973 in 2023.

Insurance contracts · 20244
UNUM LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 1,075 covered
MCLAUGHLIN YOUNG EMPLOYEE SERVICES, INC.premiums n/a · 527 covered
STARMOUNT LIFE INSURANCE COMPANY · visionpremiums n/a · 446 covered
UNUM INSURANCE COMPANYpremiums n/a · 187 covered
Brokers & agents paid · 20242
USI INSURANCE SERVICES LLC$195,758 · incl $27,753 fees
SHEALY BENEFIT SERVICES, INC.$44,940 · incl $44,940 fees
Also brokered by Usi5
The Faison Center VA$1,640,677

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 560181785 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.