Plan Ledger DOL Form 5500 · updated monthly

Peoples Bankbenefits

Peoples Bank Cafeteria Plan · LUBBOCK, TX · plan year 2025

Broker compensation reported · 2025
$37,831

Peoples Bank's benefits plans covered 112 active participants in 2025, providing health · life · dental · vision · long-term disability. Insurance brokers and agents were paid $37,831 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $338 per covered person, above the median for employer plans that report broker pay. Broker pay rose 66% from $22,790 in 2024.

Insurance contracts · 20255
UNITED OF OMAHA LIFE INSURANCE COMPANY · dental vision lifepremiums n/a · 105 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · life ltdpremiums n/a · 112 covered
SWISS RE CORPORATION SOLUTIONS AMERICA INS. CORP. · healthpremiums n/a · 112 covered
BLUE CROSS BLUE SHIELD OF TEXAS · healthpremiums n/a
UNITED OF OMAHA LIFE INSURANCE COMPANY · dental vision lifepremiums n/a
Brokers & agents paid · 20253
HOTCHKISS INSURANCE AGENCY LLC$26,790 · incl $5,041 fees
KEITH LEONARD LLC$8,720
GI GEORGE PARENT LP$2,321 · incl $2,321 fees
Also brokered by Hotchkiss Insurance Agency LLC5
Simflo TX$74,825
Auto, Lllp TX$14,484

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 751254812 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.