Macon Bank and Trust Companybenefits
Macon Bank and Trust Company Employee Benefits Plan · LAFAYETTE, TN · plan year 2024
Broker compensation reported · 2024
$81,556
Macon Bank and Trust Company's benefits plans covered 95 active participants in 2024, providing health · life · dental · short-term disability · long-term disability · other. Insurance brokers and agents were paid $81,556 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $858 per covered person, in the top 10% of employer plans that report broker pay. Broker pay was essentially unchanged from 2023.
Insurance contracts · 20244
CIGNA HEALTH AND LIFE INSURANCE COMPANY · healthpremiums n/a · 95 covered
USABLE LIFE · lifepremiums n/a · 95 covered
PRINCIPAL LIFE INSURANCE COMPANY · vision life std ltdpremiums n/a · 95 covered
BLUECROSS BLUESHIELD OF TENNESSEE, INC. · dentalpremiums n/a · 93 covered
Brokers & agents paid · 20245
FINANCIAL PRODUCTS & SERVICES INC$60,295
FINANCIAL PRODUCTS SERVICES INC$10,614
TEN E FRIZEN$9,190
FINANCIAL PRODUCTS & SERVICES$1,050 · incl $178 fees
Also brokered by Financial Products & Services Inc3
Citizens Bank of Lafayette TN$93,440
Haynes Bros Lumber Co, LP TN$7,516
Citizens Tri-County Bank TN$7,074
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 620335770 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.