Plan Ledger DOL Form 5500 · updated monthly

Performance Bankers, Inc.benefits

Performance Bankers, Inc. Life and Disability Plan · PIERRE, SD · plan year 2025

Previously filed as Performance Bankers, Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.

Broker compensation reported · 2025
$99,956

Performance Bankers, Inc.'s benefits plans covered 737 active participants in 2025, providing life · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $374,032. Insurance brokers and agents were paid $99,956 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 26.7% of premiums. That is $136 per covered person, below the median for employer plans that report broker pay. Broker pay rose 42% from $70,206 in 2024.

Insurance contracts · 20255
STANDARD INSURANCE COMPANY · life$244K · 737 covered
STANDARD INSURANCE COMPANY · std$90K · 280 covered
STANDARD INSURANCE COMPANY · ltd$40K · 736 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a · 1,165 covered
DELTA DENTAL OF SOUTH DAKOTA · dentalpremiums n/a · 1,334 covered
Brokers & agents paid · 20254
BROWN & BROWN OF NY, INC.$15,097 · incl $15,097 fees
BROWN & BROWN INSURANCE SERVICES$72,910 · incl $8,613 fees
LINDSEY MCCLAMMY$7,797
BROWN & BROWN OF CENTRAL MICHIGAN$4,152 · incl $4,152 fees
Also brokered by Brown & Brown5
Mayo Clinic MN$2,113,920
Srm Concrete, LLC TN$1,393,063

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2025, EIN 460373528 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.