Plan Ledger DOL Form 5500 · updated monthly

Independent Bankbenefits

Independent Bank Welfare Benefit Plan · MCKINNEY, TX · plan year 2024

Broker compensation reported · 2024
$127,432

Independent Bank's benefits plans covered 0 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $127,432 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. Broker pay rose 9.7% from $116,154 in 2023.

Insurance contracts · 20244
HARTFORD LIFE AND ACCIDENT · life ltdpremiums n/a · 1,407 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · dentalpremiums n/a · 1,149 covered
HEALTH ADVOCATE SOLUTIONS, INC.premiums n/a · 1,471 covered
METROPOLITAN LIFE INSURANCE COMPANY · visionpremiums n/a · 2,015 covered
Brokers & agents paid · 20241
LOCKTON COMPANIES, LLC$127,432 · incl $56,628 fees
Also brokered by Lockton5
Banner Health AZ$3,011,257

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 752694563 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.