Texas Regional Bankbenefits
Texas Regional Bank Employee Benefits Plan · HARLINGEN, TX · plan year 2024
Broker compensation reported · 2024
$224,092
Texas Regional Bank's benefits plans covered 575 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $224,092 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $390 per covered person, above the median for employer plans that report broker pay. Broker pay rose 24% from $180,693 in 2023.
Insurance contracts · 20243
BLUECROSS BLUESHIELD OF TEXAS · health dentalpremiums n/a · 742 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · std ltdpremiums n/a · 225 covered
DEARBORN LIFE INSURANCE COMPANY · vision life std ltdpremiums n/a · 955 covered
Brokers & agents paid · 20246
KEITH ALAN PADILLA$87,301 · incl $1,968 fees
SHEPARD & WALTON LIFE INSURANCE AGE$73,255
SHEPARD & WALTON LIFE INSURANCE AGC$36,750 · incl $5,875 fees
KEITH A PADILLA$13,232
SHEPARD & WALTON LIFE INSURANCE$12,078
INSURORS OF TEXAS GENERAL AGENCY LT$1,476 · incl $1,476 fees
Also brokered by Keith Alan Padilla1
Foremost Paving, Inc. TX$18,764
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 742440392 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.