Plan Ledger DOL Form 5500 · updated monthly

The Peoples Bank, Biloxi, Msississippibenefits

The Peoples Bank Welfare Benefits Plan · BILOXI, MS · plan year 2023

Broker compensation reported · 2023
$26,055

The Peoples Bank, Biloxi, Msississippi's benefits plan covered 108 active participants in 2023, providing health · life · dental · vision. Insurance brokers and agents were paid $26,055 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $241 per covered person, above the median for employer plans that report broker pay.

Insurance contracts · 20232
GERBER LIFE INSURANCE COMPANY · stop-losspremiums n/a · 134 covered
METROPOLITAN LIFE INSURANCE COMPANY · dental vision lifepremiums n/a · 350 covered
Brokers & agents paid · 20231
CADENCE INSURANCE INC$26,055 · incl $3,430 fees
Also brokered by Cadence Insurance Inc5

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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 640220430 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.