Southern Bancshares, Inc.benefits
Southern Bancshares Employee Benefits Plan · HOUSTON, TX · plan year 2024
Southern Bancshares, Inc.'s benefits plans covered 152 active participants in 2024, providing life · long-term disability · short-term disability · vision · other · dental · health. Insurance brokers and agents were paid $107,463 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $707 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 5.0% from $102,328 in 2023.
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.
Why are you looking at this plan?
Source: DOL Form 5500 Schedule A, plan year 2024, EIN 742224807 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.