Plan Ledger DOL Form 5500 · updated monthly

Planters Bank and Trust Companybenefits

Planters Bank and Trust Company Wrap Welfare Benefit Plan · INDIANOLA, MS · plan year 2024

Broker compensation reported · 2024
$48,490

Planters Bank and Trust Company's benefits plans covered 240 active participants in 2024, providing health · life · dental · vision · short-term disability · other. Insurance brokers and agents were paid $48,490 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $202 per covered person, above the median for employer plans that report broker pay. Broker pay rose 20% from $40,549 in 2023.

Insurance contracts · 20245
UNITEDHEALTHCARE INSURANCE COMPANY · lifepremiums n/a · 304 covered
ZURICH AMERICAN INSURANCE COMPANYpremiums n/a · 91 covered
COLONIAL LIFE & ACCIDENT INSURANCE COMPANY · stdpremiums n/a · 12 covered
AFLACpremiums n/a · 44 covered
EQUITABLE FINANCIAL LIFE INSURANCE COMPANY · dental vision ppopremiums n/a · 236 covered
Brokers & agents paid · 20248
PATICK HOFFMAN$18,944 · incl $1,937 fees
CENTERSTONE INSURANCE -BENEFITMALL$11,409 · incl $11,409 fees
VARIOUS AGENTS-PLEASE SEE ATTACHED$4,309 · incl $54 fees
PATRICK W HOFFMAN$4,219
WILLIAM D BILLINGSLEY$4,095
DAVIS M BILLINGSLEY$4,095
ROSS & YERGER INSURANCE INC$875
VARIOUS BROKERS - SEE ATTACHED$544

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 640223390 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.