Plan Ledger DOL Form 5500 · updated monthly

Priorityone Bankbenefits

Priorityone Bank Employee Benefit Plan · MAGEE, MS · plan year 2024

Broker compensation reported · 2024
$32,780

Priorityone Bank's benefits plans covered 235 active participants in 2024, providing health · life · dental · long-term disability · death benefits. Insurance brokers and agents were paid $32,780 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $139 per covered person, below the median for employer plans that report broker pay. Broker pay rose 9.5% from $29,934 in 2023.

Insurance contracts · 20244
FEDERAL INSURANCE COMPANYpremiums n/a · 235 covered
GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dentalpremiums n/a · 151 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 235 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · ltdpremiums n/a · 235 covered
Brokers & agents paid · 20241
ROSS AND YERGER INSURANCE INC$32,780 · incl $8,697 fees
Also brokered by Ross and Yerger Insurance Inc5
Veriforce, LLC LA$143,841

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 640560130 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.