Plan Ledger DOL Form 5500 · updated monthly

Primis Bankbenefits

Primis Bank Health and Welfare Plan · GLEN ALLEN, VA · plan year 2025

Broker compensation reported · 2025
$48,036

Primis Bank's benefits plans covered 614 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $306,229. Insurance brokers and agents were paid $48,036 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 15.7% of premiums. That is $78 per covered person, below the median for employer plans that report broker pay. Broker pay rose 56% from $30,811 in 2024.

Insurance contracts · 20254
STANDARD INSURANCE COMPANY · life$207K · 557 covered
STANDARD INSURANCE COMPANY · ltd$99K · 819 covered
ANTHEM HEALTH PLANS OF VIRGINIA DBA ANTHEM BCBS · visionpremiums n/a · 1,531 covered
STANDARD INSURANCE COMPANYpremiums n/a · 201 covered
Brokers & agents paid · 20253
WILLIS TOWERS WATSON US LLC$457 · incl $457 fees
Also brokered by Wtw5

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 540357120 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.