Plan Ledger DOL Form 5500 · updated monthly

Peoples Bankbenefits

Peoples Bank Welfare Benefit Plan · NEWTON, NC · plan year 2024

Broker compensation reported · 2024
$36,421

Peoples Bank's benefits plans covered 272 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $36,421 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $134 per covered person, below the median for employer plans that report broker pay. Broker pay rose 1.9% from $35,740 in 2023.

Insurance contracts · 20248
UNITED OF OMAHA LIFE INSURANCE COMPANY · visionpremiums n/a · 219 covered
UNUM INSURANCE COMPANYpremiums n/a · 112 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · stdpremiums n/a · 263 covered
UNUM INSURANCE COMPANYpremiums n/a · 95 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 142 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 263 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · ltdpremiums n/a · 263 covered
Brokers & agents paid · 20245
JUSTICE-CREWS INSURANCE AGENCY INC.$18,900
JUSTICE-CREWS INSURANCE AGENCY, INC$4,882
JUSTICE CREWS INSURANCE AGENCY INC.$7,744
JUSTICE-CREW INSURANCE CREW, INC.$4,216
4 individual agents · names withheld$679

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

Also brokered by Justice-Crews Insurance Agency Inc.1

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 560354890 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.