Plan Ledger DOL Form 5500 · updated monthly

Investar Bankbenefits

Investar Bank Welfare Benefits Plan · BATON ROUGE, LA · plan year 2024

Broker compensation reported · 2024
$72,701

Investar Bank's benefits plans covered 259 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $72,701 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $281 per covered person, above the median for employer plans that report broker pay. Broker pay rose 19% from $61,127 in 2023.

Insurance contracts · 20243
BLUE CROSS BLUE SHIELD OF LOUISIANA · health drug dentalpremiums n/a · 553 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · visionpremiums n/a · 260 covered
HARTFORD LIFE AND ACCIDENT · life std ltdpremiums n/a · 324 covered
Brokers & agents paid · 20242
GALLAGHER BENEFIT SERVICES$11,149 · incl $11,149 fees
GALLAGHER BENEFIT SVCS INC$61,552 · incl $6,128 fees
Also brokered by Gallagher5
Chem Carriers, LLC LA$5,531,992

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 204546870 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.