Ohio Bankers Benefits Trustbenefits
Ohio Bankers Benefits Trust · COLUMBUS, OH · plan year 2024
Broker compensation reported · 2024
$75,806
Ohio Bankers Benefits Trust's benefits plans covered 2,664 active participants in 2024, providing health · life · dental · vision · other. Insurance premiums totaled $386,747. Insurance brokers and agents were paid $75,806 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 19.6% of premiums. That is $28 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 4.7% from $79,515 in 2023.
Insurance contracts · 20245
VISION SERVICE PLAN · vision$387K · 2,017 covered
COMMUNITY INSURANCE COMPANY · stop-losspremiums n/a · 2,660 covered
COMMUNITY INSURANCE COMPANYpremiums n/a · 380 covered
RELIANCE STANDARD LIFE INSURANCE CO · lifepremiums n/a · 445 covered
RELIANCE STANDARD LIFE INSURANCE CO · lifepremiums n/a · 1,690 covered
Brokers & agents paid · 20242
OBL INSURANCE SERVICES AGENCY INC$45,439 · incl $7,573 fees
OBL INSURANCE SERVICES AGENCY INC.$30,367 · incl $5,061 fees
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 316172509 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.