Plan Ledger DOL Form 5500 · updated monthly

International Bancshares Corporatebenefits

Ibc Welfare Benefits Plan · LAREDO, TX · plan year 2024

Broker compensation reported · 2024
$23,901

International Bancshares Corporate's benefits plans covered 1,410 active participants in 2024, providing health · life · death benefits · dental · vision. Insurance brokers and agents were paid $23,901 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $17 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 98% from $1,281,506 in 2023.

Insurance contracts · 20242
AETNA LIFE INSURANCE COMPANY · stop-losspremiums n/a · 1,410 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 1,066 covered

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 742157138 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.