Plan Ledger DOL Form 5500 · updated monthly

Southwest Missouri Bankbenefits

Southwest Missouri Bank Health Care Plan · CARTHAGE, MO · plan year 2024

Broker compensation reported · 2024
$23,492

Southwest Missouri Bank's benefits plans covered 151 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $23,492 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $156 per covered person, below the median for employer plans that report broker pay. Broker pay rose 2.2% from $22,988 in 2023.

Insurance contracts · 20242
PRINCIPAL LIFE INSURANCE COMPANY · life ltdpremiums n/a · 440 covered
TRANSAMERICA LIFE INSURANCE COMPANYpremiums n/a · 84 covered
Brokers & agents paid · 20245
SOUTHWEST AGENCY INC$15,884
CRAIG A LOWRANCE$6,122
GIG OF MISSOURI INC$1,000
ONE SOURCE EMPLOYEE BENEFITS$410
Individual agent · names withheld$76

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 2024, EIN 431161740 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.