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