Plan Ledger DOL Form 5500 · updated monthly

South Central Bank, Inc.benefits

South Central Bank, Inc. · GLASGOW, KY · plan year 2025

Broker compensation reported · 2025
$51,382

South Central Bank, Inc.'s benefits plans covered 294 active participants in 2025, providing life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $51,382 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $175 per covered person, below the median for employer plans that report broker pay. Broker pay fell 6.9% from $55,169 in 2024.

Insurance contracts · 20256
THE DENTAL CONCERN, INC. · dental visionpremiums n/a · 243 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · ltdpremiums n/a · 274 covered
RELIANCE STANDARD LIFE INSURANCE COMPANYpremiums n/a · 184 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · stdpremiums n/a · 274 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · lifepremiums n/a · 274 covered
Brokers & agents paid · 20258
KENBANC INSURANCE INC.$42,920 · incl $11,302 fees
LISA M. MATTINGLY$6,094 · incl $300 fees
BILODEAU INC.$1,035 · incl $704 fees
KENBANC INSURANCE$422
BENEFIT INSURANCE MARKETING INC$226
HOUCHENS INSURANCE GROUP INC.$48
RPM BENEFIT ADVISORS LLC$34 · incl $1 fees
8 individual agents · names withheld$603

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 610126170 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.