Plan Ledger DOL Form 5500 · updated monthly

The Bancorp Inc.benefits

The Bancorp Inc. Employee Benefit Plan · WILMINGTON, DE · plan year 2024

Broker compensation reported · 2024
$9,717

The Bancorp Inc.'s benefits plans covered 636 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $9,717 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $15 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 49% from $6,543 in 2023.

Insurance contracts · 20245
HIGHMARK DELAWARE · health drug ppopremiums n/a · 1,283 covered
VISION SERVICE PLAN · visionpremiums n/a · 684 covered
DELTA DENTAL OF DELAWARE · dentalpremiums n/a · 1,376 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · life std ltdpremiums n/a · 636 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 636 covered
Brokers & agents paid · 20241
THE NIA GROUP$9,717 · incl $9,717 fees
Also brokered by The Nia Group5
Healogics, LLC FL$34,933

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 233016517 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.