Plan Ledger DOL Form 5500 · updated monthly

Third Coast Bankbenefits

Third Coast Bank Welfare Benefit Plan · HOUSTON, TX · plan year 2024

Broker compensation reported · 2024
$357,925

Third Coast Bank's benefits plans covered 396 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $357,925 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $904 per covered person, in the top 10% of employer plans that report broker pay. Broker pay was essentially unchanged from 2023.

Insurance contracts · 20243
BLUECROSS BLUESHIELD OF TEXAS · health drug dental ppopremiums n/a · 840 covered
DEARBORN LIFE INSURANCE COMPANY · visionpremiums n/a · 370 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 397 covered
Brokers & agents paid · 20242
USI INSURANCE SERVICES LLC$350,936 · incl $41,730 fees
FMLASOURCE, INC.$6,989 · incl $6,989 fees
Also brokered by Usi5
The Faison Center VA$1,640,677

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 262027557 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.