Plan Ledger DOL Form 5500 · updated monthly

Southern National Bank, Inc.benefits

Life Insurance · FORT WALTON BEACH, FL · plan year 2025

Broker compensation reported · 2025
$8,235

Southern National Bank, Inc.'s benefits plans covered 84 active participants in 2025, providing life. Insurance brokers and agents were paid $8,235 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $98 per covered person, below the median for employer plans that report broker pay.

Insurance contracts · 20253
LINCOLN NATIONAL LIFE INSURANCE · lifepremiums n/a · 87 covered
LINCOLN NATIONAL LIFE INSURANCE · ltdpremiums n/a · 72 covered
FLORIDA COMBINED LIFE · dentalpremiums n/a · 70 covered
Brokers & agents paid · 20253
MARSH & MCCLENNAN AGENCY LLC$3,541
TRUST MANAGEMENT GROUP$2,745 · incl $2,745 fees
Also brokered by Marsh & McClennan Agency LLC5

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 592278039 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.