Plan Ledger DOL Form 5500 · updated monthly

Texas Independent Bancsharesbenefits

Tib Bancshares Flexible Benefit Plan · TEXAS CITY, TX · plan year 2025

Broker compensation reported · 2025
$252,327

Texas Independent Bancshares's benefits plans covered 308 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $252,327 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $819 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 13% from $222,747 in 2024.

Insurance contracts · 20252
BLUE CROSS BLUE SHIELD OF TEXAS · healthpremiums n/a · 330 covered
PRINCIPAL LIFE INSURANCE COMPANY · dental vision life std ltd ppopremiums n/a · 308 covered
Brokers & agents paid · 20253
BCI, INS SOLUTIONS, INC$138,922 · incl $1,278 fees
BENEFIT CONCEPTS INC$89,681 · incl $18,050 fees
CENTRO BENEFITS RESEARCH LLC$23,724 · incl $23,724 fees

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 742022764 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.