Plan Ledger DOL Form 5500 · updated monthly

Sb Holding Corporationbenefits

Sb Holding Corporation Employee Benefits Plan · BIRMINGHAM, AL · plan year 2024

Broker compensation reported · 2024
$15,200

Sb Holding Corporation's benefits plans covered 140 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance brokers and agents were paid $15,200 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $109 per covered person, below the median for employer plans that report broker pay. Broker pay rose 9.5% from $13,884 in 2023.

Insurance contracts · 20244
VISION SERVICE PLAN · visionpremiums n/a · 99 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 140 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · ltdpremiums n/a · 140 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 45 covered
Brokers & agents paid · 20242
VALENT GROUP$13,611 · incl $3,623 fees
VALENT GROUP LLC$1,589
Also brokered by Valent Group5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 471839874 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.