Plan Ledger DOL Form 5500 · updated monthly

Verabank, N.A.benefits

Verabank, N.A. Health and Welfare Plan · HENDERSON, TX · plan year 2024

Broker compensation reported · 2024
$132,182

Verabank, N.A.'s benefits plans covered 465 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $132,182 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $284 per covered person, above the median for employer plans that report broker pay. Broker pay rose 6.7% from $123,931 in 2023.

Insurance contracts · 20245
DEARBORN LIFE INSURANCE COMPANY · visionpremiums n/a · 413 covered
AFLAC · stdpremiums n/a · 261 covered
HARTFORD LIFE AND ACCIDENT · life ltdpremiums n/a · 670 covered
BLUECROSS BLUESHIELD OF TEXAS · dentalpremiums n/a · 947 covered
CONTINENTAL AMERICAN INSURANCE COMPANYpremiums n/a · 10 covered
Brokers & agents paid · 202415
FROST INSURANCE AGENCY INC$58,243
FROST INSURANCE AGENCY, INC.$37,243 · incl $2,465 fees
FROST INSURANCE AGENCY$7,219
JUDITH L ROBINSON$3,998 · incl $208 fees
ADAM SCOTT$2,147 · incl $94 fees
HCB INSURANCE AGENCY INC$1,500
SHAWN M GRAMMER$1,145 · incl $30 fees
BENEFITS AT WORK LLC$73
GALLAGHER BENEFIT SERVICES INC$62
TEXAS BENEFIT ALLIANCE INC$52
MP INNOVATIVE SOLUTIONS INC$22
L CARTHEL ENTERPRISE INC$17
SCOTT G GOFF$3,573 · incl $94 fees
CYNTHIA KAY SWIGART$9,734 · incl $191 fees
95 individual agents · names withheld$7,154

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 750187835 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.