Plan Ledger DOL Form 5500 · updated monthly

The Peoples Bank, Biloxi, Mississippibenefits

The Peoples Bank Welfare Benefits Plan · BILOXI, MS · plan year 2025

Broker compensation reported · 2025
$26,993

The Peoples Bank, Biloxi, Mississippi's benefits plans covered 99 active participants in 2025, providing health · life · dental · vision. Insurance brokers and agents were paid $26,993 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $273 per covered person, above the median for employer plans that report broker pay. Broker pay rose 2.6% from $26,312 in 2024.

Insurance contracts · 20252
GERBER LIFE INSURANCE COMPANY · stop-losspremiums n/a · 125 covered
METROPOLITAN LIFE INSURANCE COMPANY · dental vision lifepremiums n/a · 292 covered
Brokers & agents paid · 20252
CADENCE INSURANCE INC.$10,961 · incl $3,568 fees
GALLAGHER BENEFIT SERVICES INC$16,032 · incl $1,228 fees
Also brokered by Cadence Insurance Inc.3

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 640220430 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.