Plan Ledger DOL Form 5500 · updated monthly

Volunteer State Bankbenefits

Volunteer State Bank Welfare Benefit Plan · PORTLAND, TN · plan year 2023

Broker compensation reported · 2023
$276,932

Volunteer State Bank's benefits plans covered 152 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $276,932 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,822 per covered person, in the top 10% of employer plans that report broker pay.

Insurance contracts · 20239
HUMANA INSURANCE COMPANY · health dental visionpremiums n/a · 239 covered
HUMANA INSURANCE COMPANY · health dental visionpremiums n/a · 109 covered
UNITEDHEALTHCARE INSURANCE COMPANY · health dental visionpremiums n/a · 207 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 110 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 63 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · life std ltdpremiums n/a · 137 covered
BLUECROSS BLUESHIELD OF TENNESSEE, INC. · health dental visionpremiums n/a · 244 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · life std ltdpremiums n/a · 137 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · life std ltdpremiums n/a · 148 covered
Brokers & agents paid · 20235
SHAW W E AND ASSOC$125,219 · incl $1,000 fees
MICHAEL D. DODD$55,417
W.E. SHAW & ASSOCIATES LLC$43,074
W E SHAW & ASSOCIATES, LLC$48,829

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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 620529874 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.